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6 Jan 2010, 4:51 am
William Sorin, Comverse's former general counsel, and Comverse's former CEO, Jacob "Kobi" Alexander, were charged by the SEC and Federal prosecutors in 2006 with fraudulenty changing the grant dates of stock option awards from 1998 to 2000. [read post]
28 Dec 2009, 12:39 pm
The company’s former General Counsel, William Sorin (who previously pled guilty to options backdating related criminal charges), also agreed to make two payments for the benefit of Comverse totaling $1 million, in addition to the more than $3 million he previously paid to the SEC. [read post]
18 Dec 2009, 12:33 am
" By way of comparison, former UnitedHealth Group CEO William McGuire agreed to pay $30 million in settlement of the securities class action claims against him, as well as to have certain unexercised options grants canceled. [read post]
10 Feb 2009, 5:00 am
Plaintiffs alleged that Kobi Alexander and David Kreinberg, with the assistance of William F. [read post]
29 Jan 2008, 3:36 am
Last year, former Comverse Technology Inc general counsel William Sorin was sentenced in U.S. [read post]
27 Apr 2007, 9:56 am
Former CEO Jacob "Kobi" Alexander resigned last April, later fled the country, and now is in the African nation of Namibia. [read post]
12 Jan 2007, 2:35 pm
When we saw this week that the Securities and Exchange Commission had settled its case against William Sorin, the former general counsel of Mass. [read post]
17 Nov 2006, 2:18 am
Comverse Technology, Inc. became embroiled in the options-timing controversy when former CEO Kobi Alexander, former CFO David Kreinberg, and former general counsel William Sorin, were charged with securities fraud in July 2006. [read post]
14 Nov 2006, 9:21 pm
It can sometimes be surprising, though, just how clear the evidence is, and how long it takes us to notice.Take the options-backdating scandal that has claimed such CEO scalps as that of Comverse's (Charts) Kobi Alexander (currently fighting extradition from Namibia), UnitedHealth's (Charts) William McGuire (ousted after 14 years of spectacular success) or KB Home's (Charts) Bruce Karatz (who voluntarily stepped down and agreed to pay the difference for incorrectly… [read post]
2 Nov 2006, 2:26 pm
William F. [read post]
