« The problem with dongles | Home | Macrovision-Gemstar Deal Worries Analysts – Have they given up on their software licensing business? »
Ex-Safenet CFO gets prison term- what next for Software Licensing top guns?
By Jon Gillespie-Brown | February 4, 2008
Macrovision is moving away from Software licensing, or so it seems, and Safenet are in big trouble for corporate governance?
What is happening to the Software Licensing top guns…
Here at Nalpeiron we are simply focused on delivering a value solution for 1000’s software developers – total focus on our customers needs, no distractions.
Read more about Safenet CFO here:
By Martha Graybow
NEW YORK (Reuters) – A former chief financial officer of information security company SafeNet Inc was sentenced on Monday to six months in prison for manipulating employee stock option grants.
Carole Argo also was fined $1 million. She admitted to backdating options awards from 2000 to 2006 for herself and others at SafeNet, a Maryland-based company that was taken private last year by an investor group.
Argo, who pleaded guilty to one count of securities fraud in October, is among a handful of former U.S. executives who have been charged criminally with wrongdoing related to backdating of option awards. More than 200 companies have disclosed internal audits or government probes surrounding options practices.
http://www.reuters.com/article/ousiv/idUSN2830012420080128
Topics: Industry News | No Comments »
Related posts:
Learn more about software copy protection and licensing »
