Frank Dunn

[1] The SEC said that at least a year's worth of the alleged misconduct took place while John Roth was still CEO of Nortel, though no charges were laid against him.

On June 19, 2008, Dunn (then aged 54) was arrested by the Royal Canadian Mounted Police, along with two other former Nortel executives, charged with fraud affecting the public market, falsification of books and documents and producing a false prospectus.[5].

On January 14, 2013, Ontario Superior Court Justice Frank Marrocco dismissed fraud charges against former Nortel chief executive Frank Dunn, former chief financial officer Douglas Beatty and ex-controller Michael Gollogly, saying the Crown had failed to meet “the high standard of proof” in a criminal case.

“I am not satisfied beyond a reasonable doubt that Frank A. Dunn, Douglas C. Beatty and Michael J. Gollogly deliberately misrepresented the financial results of Nortel Networks Corporation,” Justice Marrocco said in his ruling.

[3] Ultimately, no civil or criminal charges were successfully brought against Dunn or any others individuals connected to the Nortel accounting scandal.