Many of the backdating-related matters involving Alexander ultimately were also resolved. Alexander resolved the enforcement action that the SEC filed against him by agreeing to pay $53.6 million to the agency, inclusive of a $6 million penalty. In addition, the securities class action lawsuit that investors filed against the company and its directors and officers was settled in December 2009 for $225 million, inclusive of a $60 million contribution from Alexander. At about the same time, the parties to the Comverse Technology options backdating-related derivative lawsuit also reached a settlement ; the bulk of the settlement consisted of Alexander's separate agreement to pay the $60 million toward the securities lawsuit settlement.