Multiple directory traversal vulnerabilities in lmgrd in Flexera FlexNet Publisher 11.10 (aka FlexNet License Server Manager) allow remote attackers to execute arbitrary code via vectors related to save, rename, and load operations on log files. NOTE: this might overlap CVE-2011-1389.
http://www.zerodayinitiative.com/advisories/ZDI-11-272/
http://www.securityfocus.com/bid/49191
http://www.ibm.com/support/docview.wss?uid=swg21577760
http://www.flexerasoftware.com/pl/13057.htm