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Ducks Owner to Be Sentenced Next Month
by Alanah McGinley on 08/26/08 at 02:59 PM ET
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From NPR:
Broadcom Corp. co-founder Henry Samueli has apologized for lying to the Securities and Exchange Commission during its probe of stock options backdating at the chip maker.
Samueli’s two-page written apology, filed Monday with U.S. District Judge Cormac Carney, stands as the first public comment on the case by the billionaire philanthropist and owner of the NHL’s Anaheim Ducks.
Samueli is scheduled for sentencing on Sept. 8 on a felony count of lying to the regulatory agency.
Prosecutors have recommended that Samueli get five years probation and pay at least $12 million in penalties, but Carney must sign off on the deal.
*More on Samueli previously on KK. The Anaheim Ducks owner was also suspended by the NHL back in June.
Filed in: NHL Teams, Anaheim Ducks | KK Hockey | Permalink
Tags: Henry+Samueli,
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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Once again it’s all about the golden rule. He who has the gold, makes, or doesn’t have to follow the rules.
An apology? What a freakin’ joke! Throw him out of the NHL and into a prison cell.
Posted by Kate from Pa.-made in Detroit on 08/27/08 at 08:41 AM ET