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Former Vari-L Execs Face Charges

Charged with falsifying information to inflate the companys revenue.

> > Ex-CFO Jon Clark was charged with making a false statement in a report filed with the SEC. Ex-controller Sarah Hume was charged with one count of falsifying corporate books and records. Their actions were designed to inflate annual revenues for Vari-L. Each faces up to 10 years in federal prison if convicted.

Source: CFO


Published:2004-03-05
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