William Sorin, Comverse Technology's former general counsel, was sentenced Thursday to one year and one day in prison for his role in a stock options backdating scheme. Sorin, a Harvard-educated attorney who pleaded guilty to one criminal count of conspiracy to commit securities fraud, mail fraud and wire fraud, was also ordered by New York Judge Nicholas G. Garaufis to pay nearly $52 million in restitution.
May 11, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
William Sorin, Comverse Technology’s former general counsel, was sentenced Thursday to one year and one day in prison for his role in a stock options backdating scheme.
Sorin, a Harvard-educated attorney who pleaded guilty in Eastern District of New York court in November to one criminal count of conspiracy to commit securities fraud, mail fraud and wire fraud, was also ordered Thursday by Eastern District Judge Nicholas G. Garaufis to pay nearly $52 million in restitution.
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