Options Scandal Hits Corporate Counsel; Henning (photo below) Quoted

Thanks to Lee Feldman for alerting me to Jill Nawrocki's article A Date to Remember in Corporate Counsel:

William Sorin became the first corporate legal chief to be criminally charged for suspicious option grants.  Sorin was the outside GC of Comverse Technology, Inc., for more than 20 years . . . .

"It seems like a pretty straightforward case," says Peter Henning, a former lawyer in the enforcement division of the Securities and Exchange Commission and in the criminal division of the U.S. Department of Justice.  "The government is going to look at what the general counsel did, because ultimately that's the GC's role — to keep track of the records," says Henning, currently a law professor at Wayne State University.
. . .

Henning teaches, among other things, Professional Responsibility and White-Collar Crime.  He also is a member of the Law Professors Blawg Network over at White Collar Crime Prof Blog.

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