Securities Law Prof Blog

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

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Tuesday, April 22, 2008

Former Mercury Interactive CFO Indicted on Backdating Charges

The former CFO of Mercury Interactive Corp., Sharlene P. Abrams, was indicted on charges stemming from backdating stock options.  According to the indictment, Abrams orchestrated the backdating for herself and both the former CEO and COO.  She was charged with one count of income tax evasion and two counts of aiding and assisting the preparation of false returns.  CFO.com, Mercury Interactive Ex-CFO Is Indicted.

http://lawprofessors.typepad.com/securities/2008/04/former-mercury.html

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