Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Thursday, May 10, 2007

Former Comverse GC Sentenced to Prison

William F. Sorin, former GC at Comverse Technologies, is the first executive to be sentenced to prison in the stock options backdating scandals.  Sorin pleaded guilty last November and today was sentenced to one year in prison, as well as restitution of $51.8 million.  Comverse's CEO, Kobi Alexander, is still in Namidia.  See WSJ, Former Comverse Lawyer Sentenced to One Year in Jail.

http://lawprofessors.typepad.com/securities/2007/05/former_comverse.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00d8351357da53ef

Listed below are links to weblogs that reference Former Comverse GC Sentenced to Prison:

Comments

Post a comment