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Broadcom co-founder apologizes after plea deal

By GILLIAN FLACCUS , Associated Press Writer, Technology / Business
(AP) -- Broadcom Corp. co-founder Henry Samueli has apologized for lying to the Securities and Exchange Commission during its probe of stock options backdating at the chip maker.



Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .




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Posted by nilbud 08/26/08 22:17
Not rated yet.
Cheated and lost, everything is forfeit. Them's the rules bub. You don't "accidentally" misprice stock options and you don't "accidentally" lie to the SEC.
 

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