Broadcom CFO’s Talks With Law Firm re Backdating Probe Weren’t Privileged
Wednesday, September 30th, 2009
A former chief financial officer of Broadcom Corp. says he expected his 2006 conversations with Irell & Manella about stock options grants to be confidential, because the law firm was representing his employer as outside counsel in an internal probe. And a federal district court judge found that Irell & Manella also represented former CFO William Ruehle--who was then a named defendant in civil litigation over alleged options backdating--on an individual basis. But the 2006 talks weren't protected by attorney-client privilege, the 9th U.S. Circuit Court of Appeals says in a written opinion (PDF) today, because Ruehle knew the information…