The SEC stopped a $29.5 million severance package from being paid to Yuen, who was charged with securities fraud. The agency used a provision in the Sarbanes-Oxley corporate reform law citing it can hold "extraordinary payments" likely to be made to any officer or affiliate of the company charged with violating securities laws.
For Gemstar, it so happens that Yuen was found guilty for securities fraud in 2005 and was forced to pay more than $22 million in financial penalties. But Yuen's toughest blow happened two years earlier when he was forced to exit the company he founded after it revealed missing revenue and other accounting irregularities. - Gerald Magpily
See story from the Los Angeles Times See TheDeal.com: Investors unimpressed by Gemstar-TV
Looking in the rear-view mirror at its past, Gemstar-TV Guide International Corp. hopes that the latest ruling by the SEC will allow it to live without the shadows of its founder and former CEO Henry Yuen and focus on its impending 
