Securities Law Prof Blog

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

Saturday, October 4, 2008

McAfee GC Acquitted of Fraud on Backdating Charges

The Wall St. Journal reports that a jury acquitted the former general counsel at McAfee Inc., Kent Roberts, of fraud in connection with illegal backdating of stock options in federal district court in San Francisco.  While the jury did not come to a decision on a charge of falsifying accounts, the judge recommended no further action.  WSJ, Ex-McAfee Executive Clear of Illegal Option Dating.

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