Topic - Comverse Technology Inc.

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  • Fugitive Comverse CEO settles suit for $54 million

    Jacob "Kobi" Alexander, the former chairman and CEO of voicemail software maker Comverse Technology Inc. who fled to Namibia in 2006 to avoid prosecution over stock option backdating, has agreed to pay nearly $54 million to settle a civil action by the U.S. Attorney's office.

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