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This document and any discussions set forth herein are for informational purposes only, and should not be construed as legal advice, which has to be addressed to particular facts and circumstances involved in any given situation.
Review or use of the document and any discussions does not create an attorney-client relationship with the author or publisher.
In a press release (Press Release) posted on the company's website, Mc Afee disclosed that "Roberts had been fired because of an 'improper' incident related to employee stock options." Mc Afee also shared its conclusions with the SEC, specifically Roberts' involvement in the Promotion Grant, Martin Grant, and Samenuk Grant.
In response, the SEC filed a civil lawsuit against Roberts while the Department of Justice (DOJ) brought criminal proceedings.
Any tax information contained in the document or discussions is not intended to be used, and cannot be used, for purposes of avoiding penalties imposed under the United States Internal Revenue Code.