Namibia Delays Comverse CEO's Extradition Hearing

Law360, New York (November 12, 2007, 12:00 AM EST) -- The fight to get former Comverse CEO Jacob “Kobi” Alexander back to the United States from Namibia to stand trial on criminal options backdating charges is not getting any easier for federal prosecutors, who may not see Alexander until the end of 2008 thanks to a recent decision by a Namibian court.

In a decision handed down Monday, Namibia's lower court pushed back Alexander's extradition hearing to Feb. 25. However, Louis du Pisani, Alexander's attorney, told Reuters that he didn't expect the hearing to take place...
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.