In-housers should be careful what they wish for
By the end of 2006 at least 15 senior corporate counsel in the US had lost their jobs in the wake of share option backdating investigations. Last month,…
By the end of 2006 at least 15 senior corporate counsel in the US had lost their jobs in the wake of share option backdating investigations. Last month, William Sorin, general counsel at Comverse Technology, became the first general counsel to plead guilty to criminal charges relating to backdating. He was fined $3m (£1.5m) and could face up to five years in jail.
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