Maxim CFO Says SEC Flip-Flopped On Fraud Charges

Law360, New York (June 3, 2010, 4:46 PM EDT) -- A former chief financial officer of Maxim Integrated Products Inc. has asked a judge to toss a suit in which he was found liable for fraud, saying the U.S. Securities and Exchange Commission was inconsistent in the claims it brought against him and another executive concerning an alleged options backdating scheme.

Carl Jasper lodged his request for judgment in the U.S. District Court for the Northern District of California on Wednesday, seeking dismissal on grounds of judicial estoppel.

The SEC had settled claims of negligence with...
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