A federal judge refused on Tuesday to look into whether the government committed prosecutorial misconduct in its criminal stock options backdating case against former KB Home Chief Executive Officer Bruce Karatz. Karatz's lawyer, John Keker, asked for an evidentiary hearing after a judge tossed out a similar case against two former Broadcom executives. Calling the allegations in the KB Home case "sheer speculation," U.S. District Judge Otis D. Wright II said the Broadcom matter has "nothing to do with this case."
Judge Finds No Reason to Look for Misconduct in KB Home Case
The National Law Journal
February 25, 2010