Former Juniper Networks general counsel Lisa Berry’s backdating settlement with the Securities and Exchange Commission this week may have symbolized the end of an era — but the vigor with which the agency has pursued corporate executives on fraud claims has left a lasting impression on lawyers.
Lisa Berry, the former general counsel for Juniper Networks and KLA-Tencor accused of backdating stock options, has settled her case with the Securities and Exchange Commission. Berry has agreed to pay a civil penalty of $350,000 plus give up $77,120 in profits allegedly gained through backdating.
Lisa Berry, the former general counsel for Juniper Networks and KLA-Tencor accused of backdating stock options, has settled her case with the Securities and Exchange Commission.
In a court filing, former Securities and Exchange Commission GC David Becker has named Latham & Watkins partner William Baker III as his defense attorney in a clawback suit filed by the trustee in the Bernard Madoff bankruptcy case. Until now, Becker and his family had been listed as pro se.
Investors who bought shares in Switzerland-based UBS AG on exchanges outside the U.S. cannot sue the banking giant over its sharp stock drop as a result of its exposure to risky securities, a federal judge has ruled, citing the U.S