Robert Gordon, Cisco’s former vice president of business development, was indicted May 9, 2001, for transferring shares of a company in which Cisco had invested to a Bahamian shell company he created called “Cisco Systems Inc. Bahamas,” according to an indictment.
He also transferred thousands of shares of other Cisco-owned stock without permission and illegally traded stocks based on inside information, prosecutors said Friday.
William Genego, Gordon’s attorney, did not immediately return a telephone message seeking comment late Friday.
Gordon, of Palo Alto, was previously sentenced Dec. 20 to serve 66 months in federal prison after he pleaded guilty to two counts of wire fraud and one count of insider trading. He is scheduled to begin his sentence July 7.
Compiled from news services and staff reports.
