Things were looking grim for VeriSign.
This summer, the Mountain View, Calif., company took a $160 million charge to account for misdated stock options it had granted between 2002 and 2005. Around the same time, CFO Dana Evan and CEO Stratton Sclavos resigned. The company’s former general counsel, James Ulam, had quietly left the company shortly after the option problems came to light in May 2006.
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