Deadlock Leads To 2nd Mistrial In Vitesse Book-Cooking Case

Law360, New York (February 20, 2013, 3:25 PM EST) -- A New York federal judge on Wednesday declared a mistrial in the criminal case against two former Vitesse Semiconductor Corp. executives accused of cooking the books to hide a revenue slump, after the second jury to hear the case deadlocked.

Shortly before noon U.S. District Judge Paul Crotty declared a mistrial in the case against former Vitesse CEO Louis Tomasetta and former Chief Financial Officer Eugene Hovanec.

Prosecutors charged in a single conspiracy count that the two defendants had presided over a scheme to count revenue...
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