Monday, November 14, 2011

Former ClearOne Exec's Perjury Conviction Affirmed

US v. Strohm, 2011 WL 5346069 , No. 10-4101 (10th Cir. November 8, 2011) (published): former executive of ClearOne Communications appealed her conviction for perjury. Conviction affirmed. She had been asked if she was involved in a particular sale by ClearOne that was the focus of an SEC investigation. She said she was not and approximated that she learned of the sale before or after the end of the company's fiscal year. The Court found that the questions were not ambiguous, there was sufficient evidence that she knowingly made the false statements, and the testimony was material because it involved a transaction that the SEC believed demonstrated the company's irregular accounting.