Securities Law Prof Blog

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

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.

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