Judge Mulls Summary Judgment For Comverse CEO

Law360, New York (September 13, 2007, 12:00 AM EDT) -- A motion by the U.S. Security and Exchange Commission asking a district court to strike several defenses submitted by former Comverse CEO Jacob “Kobi” Alexander will be treated as a demand for summary judgment, according to the judge presiding over the case.

Judge Nicholas G. Garaufis of the U.S. District Court for the Eastern District of New York ruled on Wednesday that “the court may exercise its discretion to convert the Commission's Rule 12(f) motion into a motion for summary judgment where the parties submitted facts...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.