Wednesday, August 15, 2007
The SEC has notified David Dull, general counsel of Broadcom Corp., that it may bring charges against him relating to its investigation of the company's backdating of stock options from 1998-2005. The SEC previously sent similar notices to the company and its co-founder Henry Samueli. In January the company took a $2.26 billion charge because of the backdating. It blames three former executives for the practices. CFO.com, Another Broadcom Exec Receives Wells Notice.