Defendant Name:
Comverse Technology, Inc.
Defendant Type:
Public Company
SIC Code:
3661
CUSIP:
20586240
Document Reference:
comp21920
Document Details
Legal Case Name
SEC v. Comverse Technology, Inc.
Document Name
Complaint
Document Date
07-Apr-2011
Document Format
Civil Proceeding
Case Number
11-cv-01704
Federal District Court
New York, Eastern District of New York
Allegation Type
Foreign Corrupt Practices Act
Document Summary
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."