Reaching a “quick and unanimous” decision and citing the weakness of the government’s case, a jury in the Southern District of New York delivered the government a decisive defeat on August 2, 2006, when they acquitted Robert A. Scavone, a …

Government Handed Quick Defeat in Criminal Securities Fraud Case Read More »

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 »