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An employee at Israel-based Vision Tech, which was bought by Broadcom Corp., is suing both companies for alleged fraud and misrepresentation in connection with the deal. A senior marketing official at Vision Tech -- which has been renamed Broadcom Israel -- alleges that the company and its two principal founders diluted an employees' stock option plan as part of the buyout arrangement with Broadcom.
March 20, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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