Cooley Trial Team Wins First Acquittal of a Stock-Options Backdating Defendant

Successfully defended Kent Roberts, the former general counsel of software company McAfee, in a trial involving alleged stock-option backdating violations. Mr. Roberts was found not guilty on two felony counts of mail fraud following a two-week criminal trial. The court declared a mistrial on the lone remaining count after the jury deadlocked during deliberations, and the government subsequently dismissed the final charge. Mr. Roberts is the first executive in the United States to be acquitted in any criminal prosecution related to stock-option backdating charges.

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Christopher B. Durbin Partner, Seattle
Shannon Eagan Partner, Palo Alto