Defendant Name: Comverse Technology, Inc.

Defendant Type: Public Company
SIC Code: 3661
CUSIP: 20586240

Initial Case Details

Legal Case Name SEC v. Comverse Technology, Inc.
First Document Date 07-Apr-2011
Initial Filing Format Civil Proceeding
Case Number 11-cv-01704
Allegation Type Foreign Corrupt Practices Act
Federal District Court New York, Eastern District of New York

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 12-Apr-2011
Headline Total Penalty and Disgorgement $1,608,501

Related Documents:

comp21920 07-Apr-2011 Complaint
Complaint
On April 7, 2011, the SEC filed a complaint against Comverse Technology, Inc. According to the complaint : "Between 2003 and 2006, Comverse Technology, Inc. ("Comverse") violated the books and record and internal controls provisions of the Foreign Corrupt Practices Act ("FCPA") when its Israeli operating subsidiary, Comverse Limited ("Comverse Limited") engaged in a scheme to make improper payments to obtain or retain business."
LR-21920 07-Apr-2011 Litigation Release
SEC Files Settled FCPA Case Against Comverse
On April 7, 2011, the SEC filed a settled enforcement action against Comverse Technology, Inc., alleging: "violations of the books and records and internal controls provisions of the Foreign Corrupt Practices Act (FCPA)."
court_doc3_11-cv-01704 12-Apr-2011 Court Docket Document
Final Judgment as to Defendant Comverse Technology, Inc.
On April 12, 2011, Federal District Judge Leonard D. Wexler entered final judgment against Comverse Technology, Inc. pursuant to Comverse Technology's consent.