Broadcom stock option scandal

Broadcom stock option scandal

Posted: atayants On: 30.05.2017

A former Broadcom HR exec has plead guilty to obstruction of justice charges - a move that's part of the government's relentless investigation into a sweeping stock options backdating scandal. The US Attorney's Office today revealed that Nancy Tullos, the one-time VP of human resources at Broadcom, will cooperate with investigators as part of her plea agreement. Tullos was accused of telling a subordinate to erase an email that the government considered evidence of option backdating by Broadcom execs and board members.

The HR ex will appear for arraignment in Dec. According to the Attorney's Office, Tullos helped Broadcom executives recruit an engineer to the networking device company in She discussed the potential hire with executives and asked on May 25, if Broadcom planned to make an offer. More messages were exchanged over the next day that continued to debate portions of the hiring process. Tullos then left for vacation and came back on June 4 to learn that the engineer had in fact been hired, the government claims.

Stocks Rebound as Broadcom Jumps on Avago Deal Reports

The stock options scandal has been the talk of Silicon Valley for a very long time and has touched companies such as Apple, Juniper Networks, Mercury Interactive and most publicly Brocade.

If, however, you're bored by options grants but into Broadcom and cocaine-fueled orgy torture charges, you can be satiated here.

Register editor Ashlee Vance has just pumped out a new book that's a guide to Silicon Valley. The book starts with the electronics pioneers present in the Bay Area in the early 20th century and marches up to today's heavies. Want to know where Gordon Moore eats Chinese food, how unions affected the rise of microprocessors or how Fairchild Semiconductor got its start?

AOL - Finance News & Latest Business Headlines

This is the book for you - available at Amazon US here or in the UK here. The Register - Independent news and views for the tech sector. Part of Situation Publishing. Join our daily or weekly newsletters, subscribe to a specific section or set News alerts.

broadcom stock option scandal

The Register uses cookies. Data Centre Software Security Transformation DevOps Business Personal Tech Science Emergent Tech Bootnotes Servers HPC Cloud Storage Networks Virtualization BOFH Gear, racks, software hacks — what the cluster kids are rockin' at ISC17 Toshiba chip biz auction: Picks Japan-Bain fund bid Cloud may be the future, but it ain't all sunshine and rainbows Lenovo re-launches data centre range with two new ThinkThing lines. Tesla's driverless car software chief steps down I think you'll find it's not as simple as that Debian 9 feels like home with security upgrades and a flaming vulpine warming your toes Google, Mozilla both say they sped up the web today.

One by blocking ads. Microsoft admits to disabling third-party antivirus code if Win 10 doesn't like it US is Number One! In sales register hacking attacks, at least Hacker exposed bank loophole to buy luxury cars and a face tattoo NSA had NFI about opsec: Reg Radicals lecture encompasses far right, libertarians, and mushrooms So despite all the cash ploughed into big data, no one knows how to make it profitable HPE: Amazon and others sniffing around Slack Atlassian wants you to put all your eggs in one Bitbucket and beyond I still haven't found what I'm malloc ing for: U2 tops poll of music today's devs code to State of DevOps: Everyone's slinging code out faster.

Policy The Channel Gov digitisation plans happening too slowly, say IfG policy wonks. Conservative manifesto disappears offline — then mysteriously reappears BT problems impact Department for Work and Pensions services Uber CEO Travis Kalanick has resigned, says report. Google may follow Apple, design mobile chips in-house Microsoft's new Surface laptop defeats teardown — with glue Insert coin: Atari retro console is coming back Samsung releases inch desktop monitor with Geek's Guide No, really.

Artificial Intelligence Internet of Things F-Secure's Mikko Hypponen on IoT: If it uses electricity, it will go online Tesla death smash probe: Neither driver nor autopilot saw the truck Microsoft throws its weight behind Parisian AI startup factory The Internet of Flying Thing: Reg man returns with explicit shots.

Verity Stob Researchers take the piss with pee-powered liquid energy project Hotheaded Brussels civil servants issued with cool warning: Leak When corporate signage goes BAD AWS launches celebrity-spotting-as-a-service: What a time to be alive. Ex-Broadcom HR chief falls in stock options scandal Ready to help the Feds.

Tullos says that she eventually learned Broadcom granted the employee , options on May MORE Broadcom Stock Options Networking.

Hewlett-Packard - Wikipedia

Sign up to our Newsletter Get IT in your inbox daily Subscribe. More from The Register.

We want your Fibre Channel SAN stuff, but the IP biz can take a hike. Broadcom waves farewell to what used to be Ruckus and the ICX switch business. Fibre Channel market entering the merchant silicon end-game phase. Whitepapers Advanced In-Memory Computing With the rise of real time and on-demand applications, massive data is generated which needs better and faster processing that derives meaningful patterns from the data generated.

How the Broadcom Backdating Case Went Awry - The New York Times

Examining the emergence of clustering in the enterprise data center, and a set of criteria to consider when evaluating options for managing advanced, clustered IT infrastructure. Most read IBM's contractor crackdown continues: Survivors refusing pay cut have hours reduced Stack Clash flaws blow local root holes in loads of top Linux programs Linus Torvalds and Greg Kroah-Hartman both have new Linux in mind Fancy buying our aircraft carrier satnav, Raytheon asks UK Microsoft's new Surface laptop defeats teardown — with glue.

Spotlight From landslide to buried alive: Why election forecasts weren't wrong Donald Trumped: Comey says Prez is a liar — and admits he's a leaker Tech can do a lot, Prime Minister, but it can't save the NHS How the Facebook money funnel is shaping British elections Your roadmap to the Google vs Oracle Java wars Project Gollum: Sponsored links Know Your Infrastructure - On Prem and in the Cloud Get The Register's Headlines in your inbox daily - quick signup!

About us Who we are Under the hood Contact us Advertise with us. Situation Publishing The Next Platform Continuous Lifecycle London M-cubed Webinars. Sign up to our Newsletters Join our daily or weekly newsletters, subscribe to a specific section or set News alerts Subscribe.

broadcom stock option scandal
inserted by FC2 system