McAfee Subpoenaed Over Options Practices

Law360, New York (August 21, 2006, 12:00 AM EDT) -- The latest in the ongoing probe into options backdating, antivirus software maker McAfee Inc. disclosed Friday that it has received a grand jury subpoena relating to its options-granting activities and the firing of its former counsel, Kent Roberts.

The subpoena, issued by the U.S. Attorney for the Northern District of California, asks for information pertaining to Robert’s dismissal—which occurred in May—as well as his “options-related activities” and McAfee’s internal investigation into its options-granting practices, according to McAfee’s latest filing with the U.S. Securities and Exchange Commission....
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