Steve Friedman Comments on Comverse Backdating Scandal

"Comverse CFO Settles Backdating Charges," Forbes.com

In this article discussing the recent backdating charges scandal with Comverse Technologies, Littler's Steve Friedman notes that the Comverse CFO may not be the only one who will settle with the SEC. "More executives will be settling with the SEC as the scandal wears on," says Friedman. He also adds that, "we may not be seeing cases that are as high profile as this one, which involve things like slush funds and phantom employees and falsification of records... ..You have the makings of a real tremendous story here that everyone wanted to pursue."

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