Ex-Mercury CFO Gets 4 Months For Tax Evasion

Law360, New York (March 2, 2011, 5:08 PM EST) -- The former chief financial officer of Mercury Interactive Corp. was sentenced Tuesday in California to four months in prison and ordered to pay almost $400,000 in restitution after pleading guilty to tax evasion in a stock options backdating scandal involving the software maker.

Judge Ronald M. Whyte of the U.S. District Court for the Northern District of California handed down the final judgment for defendant Sharlene Abrams, a week after doling out the prison sentence. In addition to prison time and restitution, Abrams was given one...
To view the full article, register now.




Case Information

Case Title

Magistrate judge case number: 

Case Number



California Northern

Nature of Suit

Date Filed

April 17, 2008

Law Firms


Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.