Tag: Options Backdating

Comverse ex-CEO Jacob ‘Kobi’ Alexander sentenced to 30 months | Newsday

Jacob “Kobi” Alexander, the former CEO of Long Island software firm Comverse Technology who fled to Africa to avoid fraud charges, was sentenced Thursday in Brooklyn federal court to 30 months in prison. Alexander, 64, an Israeli citizen who founded digital voicemail pioneer Comverse in 1982, returned last year to plead guilty to securities fraud after fleeing to Namibia in…

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10 years later, fugitive CEO pleads guilty to options backdating | Compliance Week

Although the days of “options backdating” prosecutions and SEC enforcement actions are long past, one notable case has remained on the back burner: the case against former Comverse Technology Inc. CEO Jacob “Kobi” Alexander, a fugitive in Namibia since 2006. That ended this week, with Alexander’s appearance before an unsympathetic federal judge. via 10 years later, fugitive CEO pleads guilty to options backdating |…

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