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.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
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]