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Comverse Technology Inc Backdating Stock Options – Overstating of Net Income Comverse Technology Inc is a provider of software and systems enabling net-work based multimedia communications services.It is a publicly traded corporation on the S&P 500 and NASDAQ-100.It was founded in 1984 and publicly traded since 1986; Comverse Technology Inc is based in New York. They are Comverse, Verint, Ulticom, Startel, and Starhome.Each subsidiary is a provider of communication services.
Second, you continue to talk about recognition of income, but, even if an NSO, subject to Section 409A, there would typically be no recognition of income unless and until the option is actually exercised by the optionee.
Contains forward-looking statements or forward-looking information (forward-looking statements).
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