On Friday, a jury acquitted former McAfee general counsel Kent Roberts on mail fraud charges in the criminal trial brought against him concerning misdated stock options. According to The Recorder, after three days of deliberations, the jury acquitted Roberts on mail fraud charges and couldn’t agree on a false-books-and-records count, leading Judge Marilyn Hall Patel to declared a mistrial on that charge.
Judge Patel told prosecutors she strongly recommended against pursuing the case further. “This was not a case where any money was lost as a result of this.” Roberts still faces SEC charges related to stock option backdating at McAfee.
Stephen Neal of Cooley Godward led Roberts’ defense. According to one juror, William West, Neal was “smooth as butter” in the trial.