The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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10/25/2006
Comverse CFO Settles on Backdating Charges
Despite all the ink spilled on Comverse's runaway CEO, Kobi Alexander, there were other executives facing charges in that firm's stock options backdating irregularities. Former Comverse CFO, David Kreinberg has made his peace with regulators and negotiated a settlement. Along with a guilty plea, Kreinberg will no doubt receive a sentence that is more Fastow than Skilling, provided of course that he testified against Alexander when he finally makes it back to the states to stand trial.

-- MDT

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