Computer associates backdating contracts Adult sex chatline


02-Nov-2017 14:48

He was subsequently CEO of Meti Linx and then Vertigo Software in California from 2004-2006.

On September 22, 2004, the Securities and Exchange Commission filed securities fraud charges against Computer Associates International, Inc., and three executives; Sanjay Kumar – CEO and Chairman, Stephen Richards – Executive Vice President, Ira Zar – Chief Financial Officer and Steven Woghin The Commission's complaint against Computer Associates alleges that, based on this conduct, the company violated Section 17(a) of the Securities Act of 1933 ("Securities Act"), Sections 10(b), 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Securities Exchange Act of 1934 ("Exchange Act"), and Rules 10b-5, 12b-20, 13a-1 and 13a-13 thereunder.

In April 2004 Computer Associates International restated .2 billion in sales that had improperly during 19.

The restatement did not change the company’s overall past financial results or current sales and profits.

If notability cannot be established, the article is likely to be merged, redirected, or deleted. Richards is a New Zealand-born technology industry business leader.

Rising through the ranks of Computer Associates International, beginning at the help desk in Sydney, Australia in 1988 and climbing to be the Executive Vice President responsible for Worldwide Sales in New York in 2000, where he remained until 2004.

The fraud that the SEC refers to was backdating of contracts to prop up quarterly revenues and earnings figures to meet market expectations.

computer associates backdating contracts-62

consolidating duplicate fonts pdf scanning

The most extreme incident was the second quarter of 2000, when the company reported 7 million in revenues beyond the

The most extreme incident was the second quarter of 2000, when the company reported $557 million in revenues beyond the $1.047 billion it could properly claim.

Law360, New York (January 29, 2007, AM EST) -- A former chief financial officer at Computer Associates involved in the $2.2 billion accounting fraud scheme that toppled the software company’s leadership has been sentenced to seven months of prison and seven months of home imprisonment after helping prosecutors.

||

The most extreme incident was the second quarter of 2000, when the company reported $557 million in revenues beyond the $1.047 billion it could properly claim.Law360, New York (January 29, 2007, AM EST) -- A former chief financial officer at Computer Associates involved in the $2.2 billion accounting fraud scheme that toppled the software company’s leadership has been sentenced to seven months of prison and seven months of home imprisonment after helping prosecutors.

.047 billion it could properly claim.

Law360, New York (January 29, 2007, AM EST) -- A former chief financial officer at Computer Associates involved in the .2 billion accounting fraud scheme that toppled the software company’s leadership has been sentenced to seven months of prison and seven months of home imprisonment after helping prosecutors.