Broadcom settles securities class action lawsuit

(AP) -- Broadcom Corp. said Tuesday it will pay more than $160 million in cash to settle a class action investor lawsuit related to stock option backdating, but did not admit wrongdoing.

Gov't misconduct may unravel Broadcom fraud case

(AP) -- When the federal government revealed it had launched a massive investigation of some of Broadcom Corp.'s top executives for backdating stock options, it sent a shock wave through the business world.

New theory on fairness in economics targets CEO pay

(PhysOrg.com) -- Chief executives in 35 of the top Fortune 500 companies were overpaid by about 129 times their "ideal salaries" in 2008, according to a new type of theoretical analysis proposed by a Purdue University researcher ...

Openings begin in Broadcom backdating case

(AP) -- A jury was set Friday to hear opening statements in the federal trial of former Broadcom Corp. Chief Financial Officer William Ruehle, who faces conspiracy and fraud charges in an alleged scheme to backdate stock ...

Yahoo's Yang gets $1 in rocky final year as CEO

(AP) -- Yahoo Inc. limited co-founder Jerry Yang's 2008 compensation package to his customary $1 salary during his final year as chief executive, a tumultuous reign that unraveled after he rebuffed Microsoft Corp.'s $47.5 ...

Motorola calls former CFO "treacherous officer"

(AP) -- A former executive who sued Motorola Inc. for firing him is a "treacherous officer," the telecommunications equipment maker said in court documents responding to his lawsuit.

Intel CEO gets $12.4M in 2008 pay

(AP) -- The value of Intel Corp. Chief Executive Paul Otellini's compensation package rose slightly to $12.4 million in 2008, a year in which the chip maker's profit was whacked by a global slowdown in personal computer ...

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