Yesterday, the SEC filed a case against SafeNet, Inc., its former CEO and CFO, and three former SafeNet accountants alleging two fraudulent schemes — one involving the backdating of options and the other earnings management. In this video post on my Enforcement Action blog over at Compliance Week, Mike MacPhail (pictured) of Holme Roberts & Owen joins me below to discuss the SafeNet case, and what it means for issuers.
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