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10 Nov

Lieberman has had an integral role in a number of high-profile securities class and derivative actions, including Mr. Lieberman graduated from Fordham University School of Law in 2002.

Pomerantz prevailed in the motion to dismiss proceedings, a particularly noteworthy victory because Chief Judge George King of the Central District of California had dismissed two prior lawsuits against Corinthian with similar allegations. Lieberman serves as Interim Class Counsel on behalf of a class lenders and financial institutions litigating claims arising out of the London Interbank Offered Rate (“LIBOR”) rate rigging scandal. Lieberman achieved a significant victory for shareholders in the United States Court of Appeals for the Second Circuit, whereby the Appeals Court ruled that a temporary rise in share price above its purchase price in the aftermath of a corrective disclosure did not eviscerate an investor’s claim for damages. In December 2013, he spoke at the Annual Provident Funds Coalition Conference in Eilat, Israel on Morrison and its implications for TASE investors.

Comverse Technology, Inc., founded in Israel, was a technology company located in Woodbury, New York in the United States, that developed and marketed telecommunications software.

The company focused on providing value-added services to telecommunication service providers, in particular to mobile network operators.

and its disgraced former CEO Jacob “Kobi” Alexander, who is fighting extradition from Namibia over an alleged options backdating scheme, have agreed to pay 5 million to settle a shareholder class action and related litigation.

The next year, he reached a .6 million civil settlement with the U. Alexander's expected plea was reported earlier by CNBC.

This strange but interesting chapter of the options backdating saga came closer to resolution last week when Alexander – back in the U. from his Namibian refuge — appeared in federal court in Brooklyn to enter a guilty plea to a single charge of securities fraud.

In May 2006, just before he was indicted on multiple counts of securities fraud in connection with alleged options backdating, Alexander traveled to Israel.

A very long ten years ago – before the financial crisis, before the Euro crisis, before the Brexit vote — there was the options backdating scandal.

The wave of litigation the scandal stirred up took its time to work its way through the system, but eventually the litigation was resolved and the scandal moved into the past.