WASHINGTON, D.C. - Stockholders who lost millions from alleged fraudulent accounting and disclosure practices from Gemstar-TV Guide International will soon be receiving some compensation for their losses, federal authorities announced.

The U.S. Securities and Exchange Commission announced that approximately $83 million in cash and stocks had been consolidated from federal penalties levied and civil lawsuits that have been settled.

Four Gemstar executives and an auditing firm have now settled with the SEC; the last to do so was Henry Yuen, former chief executive officer who recently paid $22.3 million in disgorgement and civil penalties.

An SEC investigation, according to the agency's press releases, revealed that company executives overstated $248 million in revenues through conference calls, material misstatements and half truths.

Yuen and the following executives entered into agreements with the SEC where they agreed to pay fines but neither denied nor admitted to participating in the fraudulent scheme that inflated stock prices by $248 million:

Peter C. Boylan III, chief operating officer, $600,000.

Elsie M. Leung, chief financial officer, certified public accountant, $1.3 million.

Jonathan Orlick, general counsel, $305,510.

Craig Waggy, chief financial officer, $25,000.

Gemstar and its former accounting firm KPMG each paid $10 million to shareholders.

Any stockholder with questions regarding the distribution may contact the fund administrator: The Garden City Group, 105 Maxess Road, Melville, NY 11747-3836, or call (800) 327-3664. The firm's web address is: gardencitygroup.com

Shortly after settling with the SEC, in 2005, Boylan purchased Shangri La Resort in Afton. He has since asked the Oklahoma Legislature to forgive $40 million in tax dollars while he and Parisidian Companies, a firm he said he is partnering with to build a high- rise hotel.

An application for a permit has been submitted to the Federal Energy Regulatory Commission.

The Grand River Dam Authority's board of directors directed its staff to come up with a payment schedule so that Boylan didn't have to pay up front the customary $140,000 for dock and dredging permit fees.

Additionally, Shangri La hasn't yet been required to pay for water it utilizes from two ponds on GRDA land to irrigate golf courses nor have GRDA officials indicated an estimated lease cost for the commercial docks that Shangri La is requesting to be built on property owned by GRDA or in the U.S. Army Corps of Engineers flowage easement and the Delaware County Floodplain.

Without seeking a vote grom the Delaware County floodplain board, former floodplain administrator Bruce Poindexter wrote a letter indicating the entity had no objection to the project.