Ex-Vitesse Execs Can't Ditch Indictments In Fraud Suit

Law360, New York (June 12, 2013, 1:19 PM EDT) -- A New York federal judge on Tuesday declined to toss the indictments of two former Vitesse Semiconductor Corp. executives accused of cooking company books to hide a revenue slump, almost four months after he declared a mistrial for the second time in the case.

U.S. District Judge Paul A. Crotty denied acquittal motions from Vitesse CEO Louis Tomasetta and former Chief Financial Officer Eugene Hovanec, who have been tried twice for the alleged scheme and argued in April that the government lacked evidence to prove a...
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