Vitesse Semiconductor's Board of Directors announced that Louis R. Tomasetta, the company's CEO, Eugene F. Hovanec, the company's Executive Vice President and Yatin Mody, the company's Chief Financial Officer, have been placed on administrative leave.Vitesse has appointed a Special Committee of independent directors to conduct an internal investigation relating to past stock option grants, the timing of such grants and related accounting and documentation. The Special Committee is being assisted by independent outside legal counsel.Vitesse said...