Seeking Alpha

Former Comverse Technology (CMVT.PK -3.5%) CEO Jacob Alexander will pay $54M to settle U.S....

Former Comverse Technology (CMVT.PK -3.5%) CEO Jacob Alexander will pay $54M to settle U.S. government charges for backdating stock options. However, Alexander still fights extradition from Namibia, and troubled Comverse awaits a buyer for at least part of its business.
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