Ex-ArthroCare executive sentenced to 20 years in prison (Reuters)
A U.S. judge sentenced the former chief executive of surgical device maker ArthroCare to 20 years in prison and its finance chief to 10 years after a jury convicted the pair of orchestrating a $750 million securities fraud scheme, the U.S. Department of Justice said on Friday.
A federal judge in Austin, Texas, sentenced former CEO Michael Baker to 20 years, and former CFO Michael Gluk to 10 years. The government had request a 30-year prison term for Baker and 20 years for Gluk.
Two other ArthroCare executives who had pleaded gui...
