Anaheim Ducks co-owner Henry Samueli was suspended indefinitely by the National Hockey League after the co-founder of Broadcom pleaded guilty to one count of lying to the U.S. Securities and Exchange Commission about his role in the backdating of employee stock option grants. He is due to be sentenced August 18, but under a plead deal Samueli is expected to get five years probation, pay $12 million to the U.S. Treasury and be fined $250,000.

Sort of related: Former L.A. Kings troublemaker Sean Avery interned for a month at that hotbed of hockey style: Vogue.

> | More
© 2003-2010   •  About LA Observed  •  Email the editor
Follow LAO
Kevin Roderick blog
11:28 PM Fri | Rumors have been flying for the past day or so, and about three hours ago KCAL anchor Pat Harvey tweeted: "Sad day at the duopoly. Some of my co-workers lost their jobs.Want to thank them for their hard work and friendship."
Mark Lacter, LA Biz Observed
2:26 PM Fri | You might recall his being sent off for secretly paying clients to pursue shareholder lawsuits.
Sponsors
Jewish Journal logo
California Wellness Foundation
For information on becoming a sponsor, email the editor.
Sign up for email

Enter your email address:

Delivered by FeedBurner


Blogads Los Angeles network

Get RSS Feeds
of LA Observed
LA Observed publishes several Real Simple Syndication feeds for easy scanning of headlines. If you wish to subscribe to a feed, most popular RSS readers will do it for you. You can also enter the web address from the XML button below or click on a specific feed. For more help with RSS, try here or here.




Add to Google