March 2, 2007 |
McAfee Inc.'s former top lawyer pleaded not guilty Thursday in federal court in San Francisco to charges of stock options tampering in an alleged attempt to enrich himself at the expense of the computer security software maker's shareholders. A federal grand jury indicted Kent Roberts on Tuesday, nine months after McAfee fired him as its general counsel for improper handling of stock options issued in 2000 when the Santa Clara, Calif.-based company was known as Network Associates.
February 28, 2007 |
A federal grand jury in San Francisco on Tuesday indicted Kent Roberts, former general counsel at McAfee Inc., accusing him of fraud in connection with alleged backdating of stock options. Roberts is the third executive to be indicted in Silicon Valley's backdating scandal. Two former executives at San Jose-based Brocade Communications Systems Inc. were indicted last summer.
October 17, 2006 |
Microsoft Corp. said Monday that it had given Symantec Corp. and McAfee Inc. some of the information they wanted to make their security products work with Microsoft's new operating system, Vista. Microsoft spokesman Tom Brookes said the software interfaces for the Windows Security Center -- Vista's new "security dashboard" -- were uploaded to a website for software developers. Both security companies had complained that Redmond, Wash.
May 31, 2006 |
Security software company McAfee Inc. said Tuesday that it fired its chief lawyer in connection with employee stock option grants while several other companies reported further fallout from an expanding government probe of option practices. Santa Clara, Calif.-based McAfee said its board dismissed the company's general counsel, Kent Roberts, after an internal review found that he was involved in an improper option grant episode in 2000.
September 30, 2005 |
McAfee Inc., the No. 2 maker of anti-virus software, offered to pay a $50-million penalty to end a probe by U.S. regulators. The proposed settlement was worked out with the Securities and Exchange Commission staff and commissioners will vote on it soon, said Kent Roberts, general counsel of Santa Clara, Calif.-based McAfee. A portion of the $50 million may go to a shareholder compensation fund.
December 1, 2004 |
U.S. prosecutors on Tuesday charged a former chief financial officer at McAfee.com Corp. with trying to defraud shareholders by exercising stock options in 2000, when he knew the financial statements were wrong. Evan Collins, 42, exercised 30,000 shares of Network Associates Inc., which had spun off McAfee and later repurchased the company, and sold them for a profit of about $250,000, the Justice Department charged in San Francisco federal court.