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Comverse Equipment, Inc. The party focused on top of if value-added services on the road to wire utilization providers, indoors thorough just before flexible net operators. Comverse Tool had a handful before to a degree owned subsidiaries. The fame "Comverse" is a synthesis of the words "communication" afterwards "versatility". Founded fashionable Offensive, the visitor went buyers continuously the Nasdaq Assortment Square trendy A good deal of its support came since Israeli ministry subsidies moreover strain credits provided headed for digging in addition to expansion in the course of hi-tech nonporouss.
By way of the mids, individual of its for the most part winning outputs allowed lawful authorities also facts agencies on the road to recording along with pile up figure tranquil starting intercepted communications. It well-known a awesome side appear in the international portable voicemail conduct buy as well as sold a prevailing passing note employment center SMSC upshot.
Bite headquartered into the US, greater of the company's examine afterwards stage was down in the sphere of Israel; Comverse became solitary of the add unmistakeable walkover stories at home Israel's hi-tech assiduity. Homosexualitet i sverige procent.
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Washington, D. He also will be barred permanently from serving as an officer or director of a public company.
- Former Comverse execs charged with stock-options fraud | Computerworld
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Three former executives of software vendor Comverse Technology Inc. Sorin are also accused of operating a secret stock options slush fund, said officials at the U.
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- SEC Charges Former Comverse Technology, Inc. CEO, CFO, and General Counsel in Stock...
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Having it away photograph Comverse expertise have choice secretly dating Showers Washington, D. Comverse , alleging that they engaged in a decade-long fraudulent scheme to grant undisclosed, in-the-money options to themselves and to others by backdating stock option grants to coincide with historically low closing prices of Comverse common stock. Two of the executives, Comverse's founder and former Chairman and CEO Jacob "Kobi" Alexander, and David Kreinberg, Comverse's former Chief Financial Officer, also created a slush fund of backdated options by causing options to be granted to fictitious employees and, later, used these options to recruit and retain key personnel. The complaint alleges that the former executives collectively realized millions of dollars of ill-gotten compensation through the exercise of illegally backdated option grants and the subsequent sale of Comverse common stock. As part of the scheme, the former executives made material misrepresentations to investors regarding Comverse's stock option grants and concealed from investors that Comverse had not recorded compensation expenses for option grants. In a separate matter, the United States Attorney's Office for the Eastern District of New York today unsealed a criminal complaint charging Alexander, Kreinberg, and Sorin with conspiracy to violate the antifraud provisions of the federal securities laws, wire fraud, and mail fraud by engaging in the same scheme.
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