Securities Law Prof Blog

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

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Wednesday, January 30, 2008

Comverse Internal Probe Finds Additional Wrongdoing

A Comverse Technology investigation found that, in addition to backdating stock options, Kobi Alexander, its former CEO now living in Namibia, manipulated the company's earnings and falsified dates when he exercised some stock options.  WSJ, Probe Finds Comverse Executives Falsified Results.

http://lawprofessors.typepad.com/securities/2008/01/comverse-intern.html

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