Ducks owner suspended for one year

Rover found this 6/24/2008 on illegalcurve.blogspot.com [flag]

From Dan Wood of the Orange County Register: Ducks co-owner Henry Samueli has been suspended indefinitely from any involvement with the team and the NHL, commissioner Gary Bettman announced Tuesday. Samueli, co-founder of Irvine-based Broadcom Corp., pleaded guilty Monday to one count of lying to the U.S. Securities and Exchange Commission about his role in the backdating of employee stock ... [link]

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Anaheim Ducks Owner Suspended by NHL

Posted 6/25/2008 on Hockey Beat - Hockey News

Image details: The NHL and Esquire Season Launch Party served by picapp.com The NHL and commissioner, Gary Bettman , have suspended Henry Samueli , the owner of the Anaheim Ducks , until further notice in light of his admission of guilt over accusations that he made a false statement to the Securities and Exchange Commission. While he awaits sentencing from the U.S. Federal ...

Will The Crime Fit The Punishment

Posted 6/24/2008 on KK Hockey

from Jim Kelley at Sportsnet, Prior to Tuesday’s announcement I had a simple question for National Hockey League commissioner Gary Bettman: will he or will he not suspend Anaheim Ducks owner Henry Samueli? Now the more complex question is: for how long? A second question would be: who else? I ask – and no, Gary, I didn’t call your office because, frankly, I know I ...

Anaheim Ducks Owner Samueli Suspended by NHL, Club Governor Announced

Posted 6/24/2008 on The Battle of California

For background information on this story, by this writer click here . After it was announced by the NHL that Anaheim Ducks owner Henry Samueli had been suspended for recent legal issues, today the organization announced Chief Executive Officer Michael Schulman has been named Club Governor. Henry Samueli’s wife, Susan, a co-owner of the Ducks said she would abide by the terms of her husbands ...

Samueli Suspended; Schulman Ducks Governor

Posted 6/24/2008 on On the Pond

Earlier today the NHL suspended Henry Samueli, the owner of the Ducks, after he pleaded guilty yesterday to one felony count of lying to the SEC. NHL commissioner Gary Bettman stated that, “While Mr. Samueli has been an exemplary owner, we hold NHL personnel to the highest standards and this plea requires the imposition of discipline under League rules.” During his suspension, Samueli may ...

Samueli is Suspended

Posted 6/24/2008 on KK Hockey

Commissioner Gary Bettman today announced that Henry Samueli, owner of the Anaheim Ducks, has been suspended indefinitely from any involvement with the Ducks and the National Hockey League. On Monday, Mr. Samueli pleaded guilty to one count of making a false statement to the Securities and Exchange Commission. Sentencing by the U.S. Federal District Court is scheduled for August ...

I Don't Know What These Mean

Posted 6/24/2008 on The Battle of California

Ducks owner Henry Samueli pled guilty to doing rich white guy things and will have to pay a $12.2 million dollar fine. No prison, of course, because he's a rich white guy and this is Southern California. Anyway, does this mean the Ducks are going to move to Hamilton and Earl is going to have to become my butler? Probably! In other news, Luc Robitaille is apparently not "lucky" in his friends , ...

Ducks Owner Pleads Guilty to Lying to SEC

Posted 6/24/2008 on On the Pond

Henry Samueli, owner of the Ducks and co-founder of Broadcom, pleaded guilty yesterday to one felony count of lying to the SEC about his involvement in backdating of stock options. Samueli will avoid jail time and instead will serve five years on probation in addition to paying a $12.2 million fine. The monetary fine is small change to a billionaire like Samueli. Official sentencing will be ...