 He was released on bail and subsequently engaged in a long, and so far successful, battle to avoid extradition to the US (in Namibia neither money laundering nor options backdating is a crime). Upon leaving the US he had transferred some $ 64 million to Israel, with most of that ending up in Namibia; another $ 50 million was blocked by the US government, which overall sought the forfeiture of $ 138 million of Alexander's assets. In April 2010, Alexander won a victory in the Supreme Court of Namibia that allowed him to continue to live and work in that country until the extradition request is finally ruled upon. In November 2010, Alexander agreed to pay the U.S. government $ 53.6 million to settle the SEC's case against him, with those monies being targeted to settle assorted lawsuits against Comverse by shareholders.
