Defendant Name: Trident Microsystems, Inc.

Defendant Type: Public Company
SIC Code: 3570
CUSIP: 89591910

Initial Case Details

Legal Case Name SEC v. Trident Microsystems, Inc., Frank C. Lin, and Peter Y. Jen
First Document Date 16-Jul-2010
Initial Filing Format Civil Proceeding
Case Number 10-cv-01202
Allegation Type Issuer Reporting and Disclosure
Federal District Court District of Columbia, District of Columbia

Violations Alleged

Exchange Act
• Sec 10(b) + Rule 10b-5
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-13
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
• Sec 14(a)
• Rule 14a-9
Securities Act
• Sec 17(a)(1)
• Sec 17(a)(2)
• Sec 17(a)(3)
• Sec 17(a) (Not specified)
Additionally, Frank C. Lin is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Rule 12b-20 of the Exchange Act (willfully/knowingly).
Peter Y. Jen is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Rule 12b-20 of the Exchange Act (willfully/knowingly).
Frank C. Lin is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Sec 13(a) of the Exchange Act (willfully/knowingly).
Peter Y. Jen is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Sec 13(a) of the Exchange Act (willfully/knowingly).
Frank C. Lin is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Rule 13a-1 of the Exchange Act (willfully/knowingly).
Peter Y. Jen is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Rule 13a-1 of the Exchange Act (willfully/knowingly).
Frank C. Lin is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Rule 13a-13 of the Exchange Act (willfully/knowingly).
Peter Y. Jen is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Rule 13a-13 of the Exchange Act (willfully/knowingly).
Frank C. Lin is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act.
Peter Y. Jen is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act.
Frank C. Lin is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Sec 13(b)(2)(B) of the Exchange Act.
Peter Y. Jen is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Sec 13(b)(2)(B) of the Exchange Act.
Peter Y. Jen is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Sec 14(a) of the Exchange Act.
Peter Y. Jen is alleged to have aided and abetted Trident Microsystems, Inc.'s violation of Rule 14a-9 of the Exchange Act.

Resolutions

First Resolution Date 16-Jul-2010

Related Documents:

comp21593 16-Jul-2010 Complaint
Complaint
On July 16, 2010, the SEC filed a complaint against Trident Microsystems, Inc., Frank C. Lin, and Peter Y. Jen. According to the SEC the defendants: "engaged in a fraudulent and deceptive scheme to provide undisclosed compensation to executives and other employees, concealing millions of dollars in expenses from the Company's shareholders."
LR-21593 16-Jul-2010 Litigation Release
SEC Charges Tridnet Microsystems, Inc. and its Former CEO and Former CAO With Stock Options Backdating
On July 16, 2010 the SEC published a litigation release announcing that it filed a settled civil action against Trident Microsystems, Inc., Frank C. Lin, and Peter Y. Jen. According to the SEC: "from at least 1993 to May 2006, Trident, through the conduct of Lin and Jen, engaged in a fraudulent and deceptive scheme to provide undisclosed compensation to executives and other employees, concealing millions of dollars in expenses from the Company's shareholders."
court_doc6_10-cv-01202 16-Jul-2010 Court Docket Document
Final Judgment as to Defendant Trident Microsystems, Inc.
On July 19, 2010, Federal District Judge John D. Bates entered final judgment against Trident Microsystems, Inc. pursuant to Trident Microsystems, Inc.'s consent.

Other Defendants in Action:

Frank C. Lin
Peter Y. Jen