Year: 2007

The Stock Option Scandal Continues

Yesterday the SEC settled with the former general counsel of Comverse Technology Inc., William Sorin.  Previously, on November 2, 2006 Mr. Sorin plead guilty to a one-count felony information charging conspiracy to commit securities fraud, mail fraud, and wire fraud. 

Lusting in Your Heart While Hedging a PIPE Investment

On Thursday, January 4, 2006, the SEC filed another settled civil injunctive action involving short selling in connection with a PIPE offering. SEC v. Joseph J. Spiegel, Civil Action No. 1:07CV00008 (RCL) (D.D.C.)  Last month the SEC brought and