SAN FRANCISCO (Thomson Financial) - Zoran Corp. said Wednesday the
Securities and Exchange Commission notified the company that it has closed its
investigation of Zoran's historical stock option granting practices and that no
enforcement action has been recommended.
Sunnyvale, Calif.-based Zoran is a maker of integrated circuits and related
products used in DVD players, movie and home theater systems and digital
cameras.
The company's shares rose 4 cents to $24.70.
Gabriel Madway
gm/jw
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