UPDATE ~ Former Computer Associates CEO indicted

As anticipated earlier on JURIST's Paper Chase, former Computer Associates CEO Sanjay Kumar has now been indicted on charges of securities fraud, conspiracy and obstruction of justice.

A grand jury returned the indictment last Friday, but it was sealed until Wednesday when Computer Associates agreed to pay shareholders $225 million in a settlement. AP has more. The SEC has issued a press release on the charges.

 

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