The Securities and Exchange Commission has told a federal judge the Justice Department was too lenient in striking a plea deal with the former chief executive of Gemstar-TV Guide International.

Under the deal, Henry Yuen would spend six months in home detention for obstructing the SEC's investigation into a $248 million accounting fraud at Gemstar. He also agreed to make a $1 million charitable contribution, pay a $250,000 fine and receive three years of probation.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access