Microtune Execs Escape SEC Backdating Claims

Law360, New York (February 15, 2011, 7:50 PM EST) -- A federal judge on Tuesday tossed nearly all claims in the U.S. Securities and Exchange Commission's suit against two Microtune Inc. executives over an alleged stock options backdating scheme, saying the agency launched the case too late.

Judge Jane Boyle of the U.S. District Court for the Northern District of Texas ruled that the many of the SEC's claims against former Microtune CEO Douglas Bartek and former Chief Financial Officer Nancy Richardson were barred by a five-year statute of limitations period.

The judge tossed all claims...
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