The Kobi Watch: The recent news of the options backdating-related criminal conviction of Gregory Reyes, the former CEO of Brocade Communications, made me wonder what was happening with another former CEO caught up in the backdating brouhaha. When we
Namibia
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Kobi Gets the Run of Namibia
By Ellen Podgor
Former Comverse Technology CEO Kobi Alexander seems to be prospering in Namibia, where he moved – or fled, depending on your point of view – prior to being indicted for his role in options backdating at the company. Since his…
First Extradition Hearing for Kobi Alexander
By Ellen Podgor
The first hearing on the U.S. government’s request to Namibia that it extradite Kobi Alexander is set to start on June 8 in Windhoek, the nation’s capital. Alexander is the former CEO of Comverse Technology, and was indicted in August…
Kobi Alexander Burrows Into Namibia
By Ellen Podgor
The extradition process for former Comverse Technology, Inc. CEO Kobi Alexander slowed even more as Namibian prosecutors requested a postponement of the first hearing on his case until June to select a new magistrate. While the extradition request by U.S.…
Meanwhile, Back in Namibia…
Over the last few days, the papers have brimmed with news about developments in the Apple options backdating investigation (more about which below). But in the meantime, Kobi Alexander, the fugitive former head of Comverse Technology, has been…
Perspective on The Past Week’s Stories
There was a lot of interesting speculation about the possibility that DaimlerChrysler would get rid of Chrysler somehow, but it’s all talk at this time. Otherwise, as in past weeks, it was more news about options backdating (including incriminating emails…
Latest on Former Comverse CEO
What’s Kobi Alexander, former CEO at Comverse, up to, after fleeing the U.S. to avoid criminal charges on backdating stock options? He’s still in Namibia and has started a company dealing in construction, tourism, and agriculture. See NY Times, U.S.
Namibian Prosecutor Appeals Grant of Bail to Kobi Alexander, Who Faces New Charges in the U.S.
By Ellen Podgor
Former Comverse Technology CEO Kobi Alexander’s days of freedom could come to an end in the near future. After fleeing — or deciding to resettle — in Namibia in July, shortly before federal prosecutors filed charges against him for securities…
Kobi Alexander Gets Bail
By Ellen Podgor
Kobi Alexander On Ice for the Weekend
By Ellen Podgor
Former Comverse Technology CEO Kobi Alexander will be sitting in a Namibian jail for the weekend after a magistrate postponed a hearing on his extradition to the United States until Monday, October 2. Alexander was arrested on Sept. 27, after…