E&Y To Face Suit Over $2B Broadcom Backdating Scheme
U.S. District Judge Manuel L. Real said Broadcom investors had adequately pled a loss causation theory against E&Y by connecting Broadcom's misleading financial data with an allegedly fraudulent auditor's opinion issued by the defendant in 2005.
When the extent of Broadcom's backdating practices were revealed to...
Already a subscriber? Click here to login