Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, March 5, 2009

Ex-KB Home CEO Indicted for Stock Options Backdating

The Wall St. Journal reports that former KB Home CEO Bruce Karatz was indicted in Los Angeles federal court on backdating stock options fraud charges.  He previously settled SEC charges without admitting wrongdoing and agreed to pay $7.2 million.  WSJ, Ex-KB Home CEO Indicted for Stock-Option Backdating.

http://lawprofessors.typepad.com/securities/2009/03/ex-kb-home-ceo.html

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