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In a meeting in New York, Misholi had the idea of building a business around centralized hardware systems to support voice and fax messaging and selling them to telecommunications companies and other large enterprises, who could then resell the voice and fax services to their customers.

Alexander fled the country to Namibia where he engaged in a prolonged fight against extradition.

The scandal proved difficult for Comverse Technology to recover from; the company was delisted from Nasdaq, removed from the S&P 500, and spent the next several years consumed by the costly need to restate its financial reports for several years.

On 27 September 2006, he was arrested in Namibia after hiding in Windhoek with his family, where he had bought a house at a country club.

If extradited to the US and convicted, he faced 25 years in prison.

The accusations against the three included the backdating of options to when Comverse stock had been trading at low prices, the use of fake names of option holders, and the creation of secret funds in which to hold the illicit gains.

By then, Alexander had already fled the country and was classified a wanted fugitive in August 2006 by the US Federal Bureau of Investigation.

Starting in the late 1990s, Comverse's voice messaging software became its main product and the company grew rapidly with the surge in mobile phone use, passing the

By then, Alexander had already fled the country and was classified a wanted fugitive in August 2006 by the US Federal Bureau of Investigation.Starting in the late 1990s, Comverse's voice messaging software became its main product and the company grew rapidly with the surge in mobile phone use, passing the $1 billion mark in revenues.It established a formidable position in the worldwide mobile voicemail management market and sold a popular short message service center (SMSC) product.That country held most of the research and development workers, many of whom occupied the company's seven buildings on Ha Barzel in the Ramat Ha Hayal district of Tel Aviv, while business and marketing operations were stationed in the company's Woodbury, New York headquarters.Alexander, finance chief David Kreinberg, and former senior general counsel William Sorin (both of whom had also stepped down) were charged in July 2006 in the United States District Court for the Eastern District of New York with multiple counts of conspiracy, fraud, money laundering and making false filings to the Securities and Exchange Commission (SEC), all related to alleged options backdating or other actions related to stock options between 19.After further mergers Comverse became Xura in 2015 and then Mavenir in 2017, while part of the Comverse business went to Amdocs in 2015.

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By then, Alexander had already fled the country and was classified a wanted fugitive in August 2006 by the US Federal Bureau of Investigation.

Starting in the late 1990s, Comverse's voice messaging software became its main product and the company grew rapidly with the surge in mobile phone use, passing the $1 billion mark in revenues.

It established a formidable position in the worldwide mobile voicemail management market and sold a popular short message service center (SMSC) product.

That country held most of the research and development workers, many of whom occupied the company's seven buildings on Ha Barzel in the Ramat Ha Hayal district of Tel Aviv, while business and marketing operations were stationed in the company's Woodbury, New York headquarters.

Alexander, finance chief David Kreinberg, and former senior general counsel William Sorin (both of whom had also stepped down) were charged in July 2006 in the United States District Court for the Eastern District of New York with multiple counts of conspiracy, fraud, money laundering and making false filings to the Securities and Exchange Commission (SEC), all related to alleged options backdating or other actions related to stock options between 19.

After further mergers Comverse became Xura in 2015 and then Mavenir in 2017, while part of the Comverse business went to Amdocs in 2015.

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By then, Alexander had already fled the country and was classified a wanted fugitive in August 2006 by the US Federal Bureau of Investigation.

Starting in the late 1990s, Comverse's voice messaging software became its main product and the company grew rapidly with the surge in mobile phone use, passing the $1 billion mark in revenues.

It established a formidable position in the worldwide mobile voicemail management market and sold a popular short message service center (SMSC) product.

That country held most of the research and development workers, many of whom occupied the company's seven buildings on Ha Barzel in the Ramat Ha Hayal district of Tel Aviv, while business and marketing operations were stationed in the company's Woodbury, New York headquarters.

billion mark in revenues.

It established a formidable position in the worldwide mobile voicemail management market and sold a popular short message service center (SMSC) product.

That country held most of the research and development workers, many of whom occupied the company's seven buildings on Ha Barzel in the Ramat Ha Hayal district of Tel Aviv, while business and marketing operations were stationed in the company's Woodbury, New York headquarters.

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