(Reuters) - WASHINGTON, July 25 - The U.S. Securities and
Exchange Commission said on Wednesday that it charged the
former chief executive of KLA-Tencor Corp. with fraud
for his involvement in a stock options backdating scheme.
The SEC also said it settled charges with the company for
its involvement, but was not seeking fraud charges or a
monetary penalty. The Silicon Valley semiconductor company
settled with the SEC without admitting or denying the
allegations.
Read more at Reuters.com Government Filings News
Exchange Commission said on Wednesday that it charged the
former chief executive of KLA-Tencor Corp. with fraud
for his involvement in a stock options backdating scheme.
The SEC also said it settled charges with the company for
its involvement, but was not seeking fraud charges or a
monetary penalty. The Silicon Valley semiconductor company
settled with the SEC without admitting or denying the
allegations.
Read more at Reuters.com Government Filings News
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