Kent Roberts, former chief counsel at McAfee, on Tuesday became the first Silicon Valley lawyer charged in the stock options backdating debacle. Roberts faces six counts of mail fraud, wire fraud and filing false SEC documents in connection with options grants given to himself and ex-McAfee CEO George Samenuk in 2000 and 2002. The 11-page charging document tracks what Justice Department officials have repeatedly said they’re looking for in deciding to charge in options cases: evidence of intentional fraud.
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Posted on Wednesday, February 28th, 2007. Filed under: In-House Counsel, Law Misc
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