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The name "Comverse" is a fusion of the words "communication" and "versatility".Founded in 1982, the company went public on the Nasdaq Stock Market in 1986.

Under most circumstances, backdating is seen as fraudulent and illegal, although there are some situations in which backdating can be used in a legal and beneficial way, such as backdating a claim for a past period.Sonus is among dozens of companies that are being probed for instances of stock option backdating.Investigators, regulators and auditors are examining whether companies dated grants to enhance the value of stock options to executives and key employees. 9 filing deadline for its third quarter financial report.Sometimes certain claims (such as insurance claims) can be backdated if the could not be completed at an earlier date, although there must be good reason for neglecting to claim in advance.If your backdated claim is approved, you will be able to receive benefits from a certain date in the past.The news comes as Sonus released a partial report of its third quarter results.

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