9th Circ. Snubs Ex-Maxim Exec Seeking New Appeal In Scam

Law360, New York (August 1, 2012, 10:58 PM EDT) -- The Ninth Circuit on Tuesday denied a petition from Maxim Integrated Products Inc.'s former chief financial officer asking the court to rehear his appeal of a judgment finding him liable for his role in a massive options backdating scheme at the semiconductor company.

Former Maxim CFO Carl Jasper claimed a rehearing was necessary in the April 2010 jury decision finding him liable or eight claims brought by the U.S. Securities and Exchange Commission and a judge's subsequent $2.2 million judgment because the court had erred on...
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