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Semiconductors

Thursday May 8

Marvell Technology paying $10M to settle case 2:26PM ET

“Marvell's long-running backdating scheme involved a senior executive who regularly signed minutes of meetings that never occurred”

Semiconductor maker Marvell Technology Group Ltd. on Thursday agreed to pay a $10 million civil fine to settle regulators' allegations of improper backdating of stock options. via BusinessWeek

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