Computer Associates Settles Charges, Kumar Indicted
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Former Computer Associates International Inc. Chief Executive Sanjay Kumar was charged with directing a $2.2 billion accounting fraud, and the company agreed to pay $225 million to avoid prosecution and settle a regulatory suit.
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Blog: India-based Patni Computer Systems, which has U.S. headquarters in Cambridge, Mass., agrees to pay back wages to 607 computer professionals after a Department of Labor investigation.
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CANNES, FRANCEÂ -- Former Computer Associates International Inc. (CA) Chairman and Chief Executive Officer (CEO) Sanjay Kumar made a surprise appearance at the Etre technology conference in Cannes on Monday, three weeks after his indictment for securities fraud and obstruction of justice.
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At first glance, it might seem as if Computer Associates has cleaned up its act. Yes, its former CEO and another top executive were indicted Wednesday for securities fraud and obstruction
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SEPTEMBER 27, 2004  - Last week&#39;s federal grand jury indictment of former Computer Associates International Inc.
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Former Computer Associates International Inc.  Chief Executive Sanjay Kumar pleaded not guilty on Thursday to charges of securities fraud and obstruction of justice stemming from a two-year investigation into accounting fraud at the software company.
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Computer Associates has announced a deal with the US Department of Justice and the Securities and Exchange Commission that will solve the software vendor&#39;s accounting scandal.
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The former CEO of Computer Associates International Inc. pleaded not guilty to federal securities fraud and other charges Thursday in a multibillion-dollar accounting scandal at the business software maker.
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While Sanjay Kumar faces charges, Computer Associates agreed to cooperate with prosecutors, enabling the company to avoid a corporate indictment.
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Company agrees to settle charges over copy-protection software it included in music CDs.
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Federal prosecutors charged former Computer Associates chairman and chief executive Sanjay Kumar and a former sales executive with 10 counts each of securities fraud and obstruction of justice, as the company reached a multimillion-dollar agreement on
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Computer Associates International Inc. and federal prosecutors reportedly are near a deal that could end a two-year accounting fraud investigation of the software company.
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US regulators yesterday levelled fraud charges against three former executives of Computer Associates (CA), including Sanjay Kumar, the US software companyâs former head.
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Computer Associates has been without a permanent CEO since Sanjay Kumar stepped down in April. Kumar was indicted last month on charges related to accounting scandal at CA and has pleaded innocent to the charges.
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The antitrust settlement between MicrosoftÂ and the Computer and Communications Industry Association (CCIA) announced earlier this month included a payment of $9.75 million to the CCIA's president, according to a report published Wednesday.
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Concern over the fate of former Computer Associates International chairman and CEO Sanjay Kumar accompanied the collective sigh of relief felt by CA partners last week when federal prosecutors settled a two-year-old accounting fraud investigation with the
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Computer Associates International Inc., the software maker under investigation for a $2.2 billion accounting fraud, is scheduled to be arraigned in US criminal court today, and former