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    In 2011, advocate general Darius Khambata even gave a legal opinion to set at rest the confusion in the Mumbai Regional Passport Office (RPO).


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    District Court for the Northern District of California handed down the final judgment for defendant Sharlene Abrams, a week after doling out the prison sentence.

    In a civil lawsuit filed in federal court in Boston, the SEC alleged that two of the executives – former chief financial officer Frances Jewels and former director of financial operations Cheryl Kalinen – fraudulently backdated stock option grants to obtain more favorable prices for Sycamore employees.In 2007, the SEC filed civil fraud charges against Landan, Smith, Skaer and Abrams.Without admitting or denying the SEC's allegations, Mercury Interactive agreed to pay a million civil penalty to settle the Commission's charges in 2007.Douglas Smith, former chief financial officer for Mercury, agreed to repay 1,000, including a 0,000 penalty and to disgorge 1,000 in benefits from his backdated stock options, according to the SEC.The SEC accused Landan and Smith, along with Skaer, of changing the issue dates on company stock options between 19 to take advantage of lower stock price dates to make the options more valuable when they were sold.Mercury (formerly Mercury Interactive Corporation) is a former Israeli company that has been acquired by the HP Software Division.Mercury offered software for application management, application delivery, change and configuration management, service-oriented architecture, change request, quality assurance, and IT governance.Hoping to spare her client from prison, an attorney for former Brocade executive Stephanie Jensen stood before a federal judge this month and argued that the furor over stock-option backdating was a “so-called scandal” that never amounted to much.“Some would say it fizzled,” added defense attorney Jan Nielsen Little, who argued that a wave of investigations that shook the tech industry had turned up little evidence of wrongdoing in connection with a practice that was “widespread, albeit misunderstood.” But as authorities gear up for a retrial next month of Jensen’s former boss, ex-Brocade CEO Greg Reyes, federal officials and legal experts say the investigations found widespread accounting abuses at a host of companies.Chief Executive Officer Amnon Landan, Chief Financial Officer Douglas Smith, and General Counsel Susan Skaer resigned in November 2005 after a special committee at the company found that they benefited from a program to favorably price option grants.The committee found that, beginning in 1995, there were 49 instances in which the stated date of a stock option grant was different from the date on which the option appeared to have been granted.But both sides remain far apart for terms of a potential settlement by a third official, former Mercury general counsel Susan Skaer.Former Mercury Chief Executive Officer Amnon Landon reached a tentative deal with the SEC earlier this month but the terms were not disclosed until the SEC approved the terms.Even Apple CEO Steve Jobs came under investigation; he was never charged with wrongdoing, although two other Apple executives paid millions to settle lawsuits by the Securities and Exchange Commission, without admitting fault.

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