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USA v. Tomasetta et al

  1. December 06, 2013

    Ex-Vitesse Execs Get Probation For Data Tampering

    A New York federal court on Friday sentenced two former Vitesse Semiconductor Corp. executives to three years' probation after they pled guilty to manipulating company records to thwart an expected stock-options backdating investigation by federal authorities.

  2. August 15, 2013

    Ex-Vitesse Execs Cop Pleas To Evidence Tampering

    Two former Vitesse Semiconductor Corp. executives accused of accounting fraud to conceal a revenue slump pled guilty Thursday to a lesser charge of conspiring to tamper with records.

  3. June 12, 2013

    Ex-Vitesse Execs Can't Ditch Indictments In Fraud Suit

    A New York federal judge on Tuesday declined to toss the indictments of two former Vitesse Semiconductor Corp. executives accused of cooking company books to hide a revenue slump, almost four months after he declared a mistrial for the second time in the case.

  4. May 28, 2013

    Feds Want Vitesse Fraud Case Kept Alive Despite Mistrials

    The U.S. government asked a New York federal court Friday not to acquit two former Vitesse Semiconductor Corp. executives accused of cooking company books to hide a revenue slump, three months after a judge declared a mistrial for the second time in the case.

  5. February 20, 2013

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

    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.

  6. February 14, 2013

    Jury Gets Book-Cooking Case Against Ex-Vitesse Execs

    A jury will begin deliberating Friday on charges against two former Vitesse Semiconductor Corp. executives accused of cooking the books to hide slumping revenues, after prosecutors wrapped up a nearly monthlong retrial.

  7. January 22, 2013

    Retrial Begins For Ex-Vitesse Execs Accused Of Fraud

    Two former top executives at Vitesse Semiconductor Corp. engaged in a criminal conspiracy to cook the semiconductor company's books, prosecutors said Tuesday, opening a retrial in a case that hung a jury in April.

  8. June 05, 2012

    Ex-Vitesse Execs Push For Acquittal Following Fraud Mistrial

    The former CEO and chief financial officer of Vitesse Semiconductor Corp., whose trial on charges of revenue misstatement and options backdating ended in a mistrial in April, asked a New York federal judge Tuesday to acquit them.

  9. April 24, 2012

    Mistrial Declared In Book-Cooking Case Against Vitesse Execs

    A federal judge declared a mistrial Tuesday in the criminal case against former Vitesse Semiconductor Corp. CEO Louis Tomasetta and another executive who were accused of lying about the company's revenues and options backdating.

  10. March 22, 2012

    Gov't Opens Book-Cooking Case Against Ex-Vitesse CEO

    Prosecutors on Thursday opened a criminal trial against former Vitesse Semiconductor Corp. CEO Louis Tomasetta, saying he lied about accounting revenues and backdated options then doctored documents to hide the evidence.