CA to pursue co-founder Wang for fraud

Monday, 16 April 2007, 12:00 AM EST

A special committee at CA Inc. on Friday released a report that blames co-founder Charles Wang for accounting fraud at the company and recommends suing him for damages and the value of company stock he received.

That news came on the same day that Wang's successor, former CA CEO Sanjay Kumar, was ordered to pay more than $1 billion in restitution to victims of securities fraud he committed while at the company. Kumar also faces 12 years in jail following his conviction for obstruction of justice and securities fraud.

At Computerworld.

[ Read more ]




Spotlight

DMARC: The time is right for email authentication

Posted on 23 January 2015.  |  The DMARC specification has emerged in the last couple years to pull together all the threads of email authentication technology under one roof—to standardize the method in which email is authenticated, and the manner in which reporting and policy enforcement is implemented.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Mon, Jan 26th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //