Stock-Options Scandal Fugitive Puts Roots Down in Namibia.

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Bibliographic Details
Title: Stock-Options Scandal Fugitive Puts Roots Down in Namibia.
Authors: Stecklow, Steve, Bandler, James
Source: Wall Street Journal - Eastern Edition. 11/17/2006, Vol. 248 Issue 118, pA1-A18. 2p. 2 Black and White Photographs.
Subjects: Alexander, Jacob, Comverse Technology Inc., Chief executive officers, Stock options, Extradition, Corruption
Geographic Terms: Namibia
Abstract: The article reports that Jacob Alexander, former chief executive of Comverse Technology, is planning to settle with his family in Namibia to avoid charges of fraud relating to backdating stock options. Alexander has bought into Namibian business, purchased a house, and put his children in school. He was arrested in that country on the U. S. charges, but released on bail. He will likely be able to live in Namibia for many years, as the extradition and appeals process drags on.
Database: Newspaper Source Plus
Description
Abstract:The article reports that Jacob Alexander, former chief executive of Comverse Technology, is planning to settle with his family in Namibia to avoid charges of fraud relating to backdating stock options. Alexander has bought into Namibian business, purchased a house, and put his children in school. He was arrested in that country on the U. S. charges, but released on bail. He will likely be able to live in Namibia for many years, as the extradition and appeals process drags on.
ISSN:00999660