KLA-Tencor Execs Spared Grilling By Ex-CEO

Law360, New York (February 22, 2008, 12:00 AM EST) -- A U.S. magistrate judge has issued a protective order to shield executives of KLA-Tencor Corp. from questioning by lawyers for the semiconductor maker's former CEO, who refused to join the company in settling with regulators over charges of stock options backdating.

Magistrate Judge Howard Lloyd of the U.S. District Court for the Northern District of California ruled Wednesday on an expedited motion by KLA-Tencor, which resolved the U.S. Securities and Exchange Commission's complaint over the backdating scandal more than six months ago.

The order temporarily protects...
To view the full article, register now.