Former CA Chief Kumar indicted as firm coughs up $225m
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Former Computer Associates Chief Sanjay Kumar has been hit with charges of securities fraud, obstruction of justice and conspiracy by the US DoJ (Department of Justice) - a result of the company&#39;s long-running accounting scandal.
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Former Computer Associates chief executive Sanjay Kumar pleaded not guilty on Thursday in the US to charges that he helped inflate his firm&#39;s financial results and subsequently tried to conceal that fact from investigators.
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WASHINGTON Sanjay Kumar, a former chief executive of Computer Associates International, and another former executive were indicted Wednesday in what US prosecutors called a &quot;massive fraud&quot; that inflated the company&#39;s sales by $2.
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Former Computer Associates International Inc. chief executive Sanjay Kumar has been charged with securities fraud conspiracy and obstruction of justice in connection with a multibillion dollar accounting scandal at the software company.
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The former chief operating officer of a San Carlos software company has been indicted on charges of securities fraud for an alleged scheme to inflate the company&#39;s revenue, authorities said Wednesday.
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Two former executives of Computer Associates International, who have pleaded guilty to conspiracy to commit securities fraud, have agreed to pay a total $387,470 to settle related civil charges in a multibillion-dollar accounting scandal at the big
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A former chief executive of jewelry  retailer Friedman's Inc. was indicted on conspiracy and other  charges related to an alleged accounting fraud at the company,  U.S. prosecutors said on Friday.
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NEW YORK -- The former chief executive officer of Computer Associates pleaded not guilty Thursday to criminal charges stemming from a multibillion-dollar accounting scandal.
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Criminal charges were filed Tuesday against a former executive at Network Associates Inc., alleging he illegally profited from advance knowledge of a massive sales shortfall in 2000.
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As expected US authorities have charged former executives of Computer Associates with fraud. Amongst those charged were the former CEO Sanjay Kumar.
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Indictments were handed down to Kumar and CA&#39;s former head of sales, Stephen Richards, with both men charged with securities fraud and obstruction.
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Months of legal woes and executive shuffling came to a resolution of sorts last week for Computer Associates. Federal prosecutors indicted former CEO Sanjay Kumar for back-dating contracts
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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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This fourth priority&#39;s main focus has been improving or obtaining CRM and ERP software for the past year and a half. NEW YORK--Former Computer Associates International Chief Executive Sanjay Kumar pleaded
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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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On Wednesday, former CEO of the US biggest software maker Computer Associate Sanjay Kumar was charged in the indictment for securities fraud in the company.
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Former Computer Associates International Inc. CEO Sanjay Kumar pleaded not guilty today to charges of securities fraud and obstruction of justice stemming from a two-year investigation into accounting fraud at the software company.