Judge Ends ‘Distorted’ Broadcom Backdating Case
Law360, New York (December 15, 2009) — Chiding the U.S. government for intimidating witnesses and creating a “mockery” of the criminal process, a federal judge has thrown out criminal charges against former executives at semiconductor company Broadcom Corp., bringing closure to a highly public and scandalous case accusing the men of backdating stock options.
I can’t believe these folks are allowed to still practice…why the double standard?
All of these backdating cases have become “distorted”, that is in fact the perfect word for what is going on. The government is twisting the facts and turning these honorable men (like Brocade’s Greg Reyes) into hardened criminals.