David Kreinberg, the former CFO of Comverse Technology, pleaded guilty Tuesday to helping engineer a scheme to illegally backdate millions of dollars in stock options.

“I knew at the time that my actions and agreements with others at the company to act as I have were wrong,” said Kreinberg at a court hearing Tuesday before Eastern District of New York Judge Nicholas G. Garaufis.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]