Gemstar Angered By Ex-CEO’s Plea Bargain

Law360, New York (November 11, 2005, 12:00 AM EST) -- TV Guide parent company Gemstar is scoffing at the sentence of former CEO Henry C. Yuen, who pled guilty to orchestrating a multimillion dollar accounting fraud scheme, calling it “a slap on the wrist.”

A district court in California sentenced Yuen to six months of home detention, and a $250,000 fine. The judge also said that Yuen must donate $1 million to three Los Angeles area charities that benefit victims of fraud.

Gemstar campaigned heavily against the plea bargain, saying in a brief filed with the...
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