SafeNet Recoups $1.6M From Former Execs
Under the settlement, which was disclosed Tuesday in a filing with the Securities and Exchange Commission, SafeNet agreed to drop its claims against former CEO Anthony Caputo in exchange for $1.5 million. Caputo will also drop his claims against the company.
Additionally, SafeNet will cancel certain options it granted to Caputo in 2001 and increase the strike price of other options granted the same year,...
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