In the latest stock option backdating case, criminal and civil actions were brought against three former officers of Comverse Technology, Inc., Jacob Alexander, former Chairman and EIC, William Sorin, former General Counsel, and David Kreinberg, former CFO. Both cases allege …

New Option Backdating Raise Questions About Criminalization of Regulatory Matters Read More »

On August 2, 2006, ALJ Robert Mahony dismissed aiding and abetting charges against Paul Flynn, a former executive at CIBC, for allegedly assisting Security Trust, Samaritan Asset Management, and Canary Capital Partners in a scheme of late trading and market …

Flynn Finally Vindicated of Late Trading/Market Timing Charges Read More »