Broadcom to Settle Backdating Suit for $160 Million
In cash
By Jean Jacques Maleval | January 4, 2010 at 3:33 pmTo read this article from the Associated Press, click on:
Broadcom to Settle Backdating Suit for $160 Million
The Broadcom Corporation said it would pay more than $160 million in cash to settle a class-action lawsuit related to stock option backdating. In the settlement, the company did not admit wrongdoing.
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