September 28, 2012
Plaintiffs in a class action accusing Ernst & Young LLP of covering up the $2.2 billion Broadcom Corp. stock backdating scandal on Friday settled the suit with the accounting firm for $13 million.
February 10, 2009
Broadcom Corp. co-founder Henry T. Nicholas III has won a bid to dismiss claims brought against him in a shareholder class action that accuses the company and several officers and directors of engaging in a scheme to backdate stock options that led to a decline in the company’s stock price.
February 04, 2009
A federal judge has allowed a shareholder class action against Broadcom Corp., alleging a stock options backdating scheme adversely affected the semiconductor manufacturer’s stock price, to proceed.
May 08, 2007
A judge has shot down a request by Broadcom Corp.’s founders and company directors to toss a suit filed by shareholders alleging that they improperly engaged in backdating stock options.