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Friday, March 29, 2024 | Back issues
Courthouse News Service Courthouse News Service

SEC Sues Microtune & Top 2 Execs

DALLAS (CN) - Microtune, a Plano-based technology company, and its two top officers defrauded shareholders by awarding millions of dollars to executives by backdating stock options and filing false and misleading financial statements, the SEC claims in a settled complaint in Federal Court.

The SEC also sued former CEO Douglas J. Bertek, and former CFO and General Counsel Nancy A. Richardson.

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