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Ex-McAfee General Counsel Indicted Over Options

Law360 (February 27, 2007, 12:00 AM EST) -- The former general counsel of McAfee Inc. was indicted Tuesday in connection with the fraudulent dating of stock options grants, making him the third person in two weeks to be criminally charged over options backdating.

Kent Roberts, 50, of Dallas, Texas, was charged in the U.S. District Court for the Northern District of California with seven counts related to an alleged scheme to defraud by granting himself and others stock options while hiding the value from the company, shareholders, the board, auditors, the public and regulators,...
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