Defendant Name:
Microtune, Inc.
Defendant Type:
Public Company
Document Reference:
2008-128
Document Details
Legal Case Name
SEC v. Microtune, Inc., Douglas J. Bartek and Nancy A. Richardson
Document Name
SEC Charges Microtune and Former Officers for Stock Option Backdating and Other Fraudulent Conduct
Document Date
01-Jul-2008
Document Format
Civil Proceeding
Case Number
08-cv-01105
Federal District Court
Texas, Northern District of Texas
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On July 1, 2008, the SEC stated that: "[It] has charged Microtune, Inc. and two former senior officers for perpetrating a fraudulent and deceptive stock option backdating scheme that awarded themselves and other employees millions of dollars in undisclosed compensation. The backdating scheme caused the Plano, Texas-based technology company to file false and misleading financial statements."
Disgorgement & Penalty Information
Resolutions
Injunction
Cooperation Before the Resolution
Other Defendants in Action:
Douglas Bartek
Nancy Richardson