Former Juniper GC Settles SEC Backdating Case

Law360, New York (October 11, 2011, 3:47 PM EDT) -- A former general counsel to a pair of Silicon Valley tech companies, including Juniper Networks Inc., agreed Friday to pay more than $425,000 to settle allegations she illegally backdated company stock options.

Lisa C. Berry, who also served as general counsel and vice president of KLA-Tencor Corp., allegedly hid hundreds of millions of dollars in stock option expenses, according to a lawsuit filed in California by the U.S. Securities and Exchange Commission. As part of Friday's settlement, Berry did not admit to the allegations.

Berry will...
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