The U.S. District Court for the Northern District of California denied the SEC's motion to bar Kenneth Schroeder, former CEO of KLA Tencor Corp., from serving as a director or officer of a public company on November 17, 2010. Schroeder had already consented to entry of a partial summary judgment and agreed to pay a civil penalty of $275,000 without admitting or denying any of the SEC's allegations. In denying the SEC's motion for a five-year D&O bar, the court stated that Schroeder had already been effectively barred for four years since he had not be able to obtain regular employment since October 2006, and that the SEC had not demonstrated that Schroeder possessed the degree of scienter justifying a five-year ban as there was evidence that someone had altered Schroeder's signature and the date on backdated documents. Order.