Second Mistrial for Former Vitesse CEO and CFO in Conspiracy Case

NEW YORK, NY – The prosecution of two former Vitesse Semiconductor Corp. executives ended with a second mistrial after the jury deadlocked on the charge that the pair conspired to misstate earnings at the chipmaker. U.S. District Judge Paul Crotty declared the mistrial after a little more than two days of jury deliberations in the case against Louis Tomasetta, Vitesse’s co-founder and former chief executive officer, and Eugene Hovanec, the former chief financial officer of the semiconductor giant.

Partners Dan Marmalefsky and Larry Gerschwer (Morrison & Foerster) represented Mr. Tomasetta, and partners Gary Lincenberg and Peter Shakow (Bird Marella) represented Mr. Hovanec. The Impact team was led by Randall E. Carter, Brittany Peters and Mia Pham, each of whom worked closely with both defense teams to provide invaluable trial technology and litigation graphics consulting and support throughout the lengthy trial.

USA v. Tomasetta et al., 1:10-CR-01205, U.S. District Court – Southern District of New York.