Gemstar ruling.Gemstar Ruling: Henry Yuen, former chief executive of Gemstar-TV Guide International Gemstar-TV Guide International, Inc. is a media company that licenses interactive program guide technology to multichannel operators, such as cable and satellite television providers, and consumer electronics manufacturers, video recorder scheduling code under brands such as VCR Inc., won a court order that may allow him to collect $29.5 million in severance that was frozen after regulators accused him of inflating company revenues. The 9th Circuit Court of Appeals in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden reversed a lower court ruling freezing the payout pay·out n. 1. The act or an instance of paying out. 2. A percentage of corporate earnings that is paid as dividends to shareholders. at the request of the Securities and Exchange Commission. The decision is a setback for the SEC's drive to prevent executives from profiting from alleged wrongdoing wrong·do·er n. One who does wrong, especially morally or ethically. wrong  do .
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