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Marvell Technology Group (MRVL)
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MRVL » Topics » Restricted Cash

These excerpts taken from the MRVL 10-K filed Apr 1, 2009.

Restricted Cash

Restricted cash consists of proceeds of insurance recoveries that the Company must offset against any future payments that it may be required to make in any settlements related to the stock option backdating litigation. After all settlements are resolved, the Company can use the proceeds as it deems appropriate.

 

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MARVELL TECHNOLOGY GROUP LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 

Restricted Cash

Restricted cash consists of proceeds of insurance recoveries that the Company must offset against any future payments that it may be required to make in any settlements related to the stock option backdating litigation. After all settlements are resolved, the Company can use the proceeds as it deems appropriate.

 

74

Table of Contents

MARVELL TECHNOLOGY GROUP LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 

Restricted Cash

Restricted cash consists of proceeds of insurance recoveries that the Company must offset against any future payments that it may
be required to make in any settlements related to the stock option backdating litigation. After all settlements are resolved, the Company can use the proceeds as it deems appropriate.

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MARVELL TECHNOLOGY GROUP LTD.

ALIGN="center">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 


EXCERPTS ON THIS PAGE:

10-K (3 sections)
Apr 1, 2009

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