We just came across this report on Dow Jones Marketwatch:
DOJ: Former SafeNet [a/k/a MediaSentry] Executive Gets 6 Months Prison, $1M FineOriginal article
By Saba Ali
Last update: 12:34 p.m. EST Jan. 28, 2008
SafeNet Inc.'s former chief financial officer, Carole Argo, was sentenced Monday to six months in prison and a $1 million fine for her participation in a scheme to backdate stock options, said Michael Garcia, the U.S. Attorney for the Southern District of New York. Argo pleaded guilty on Oct. 5 to one count of securities fraud. SafeNet, a Maryland software information security product and services provider, had said in a story published in October that Argo resigned as a result of an internal investigation into the company's stock-options grant practices.
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