Fugitive Symbol CEO's Fraud Appeal Rebuffed By High Court

Law360, New York (March 24, 2014, 4:13 PM EDT) -- The U.S. Supreme Court refused Monday to hear an appeal by the fugitive former CEO of Symbol Technologies Inc. of a decision upholding the bulk of a $92 million judgment against him over charges he artificially inflated Symbol’s stock price and revenues.

In its usual fashion, the high court declined to comment on its decision to deny certiorari to Tomo Razmilovic, the former head of New York-based bar code scanner maker Symbol Technologies who was charged criminally in 2004 for allegedly presiding over a deliberate accounting...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.