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.
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