Tuesday, April 1, 2008

$50 Million in 409A Additional Taxes Incurred by Lam Research

http://www.bizjournals.com/eastbay/stories/2008/03/31/daily19.html

Lam (NASDAQ: LRCX) expects to record cash expenses for the quarter ended in March of $50 million to $55 million "to assume responsibility for the 409A tax liabilities of employees."

Lam Research 8-K

Lam Research Tender Offer to Optionees