Highlights
Former CA Inc. chairman and chief executive Sanjay Kumar in 2007 received a 12-year sentence to jail and restitution payments following his guilty plea to federal securities fraud, obstruction of justice and conspiracy charges that Kumar agreed to in connection with the $2.2-billion accounting scandal at CA.
Former CA Inc. chairman and chief executive Sanjay Kumar in 2007 received a 12-year sentence to jail and restitution payments following his guilty plea to federal securities fraud, obstruction of justice and conspiracy charges that Kumar agreed to in connection with the $2.2-billion accounting scandal at CA.
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Islanders a distant memory to hot goalie Luongo
greg.logan@newsday.comTo Roberto Luongo, the mental distance he has put between himself and Long Island is as great as the physical distance between Nassau Coliseum and GM Place on the opposite side of the continent in Vancouver. He was the Islanders' goaltender of the...Tags: Football, Roberto Luongo, Florida Panthers, Soccer, Charles Wang
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Two CA directors not seeking re-election
emi.endo@newsday.comTwo directors who joined the board of business-software giant CA in 2002 after its accounting scandal broke are retiring and will not be replaced. Jay Lorsch and Walter Schuetze, both 75, will not seek re-election because of their age "in accordance with...Tags: Elections, Computer Associates, Schools, Political Candidates, Retirement
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CA shareholders re-elect D'Amato
tom.incantalupo@newsday.comShareholders of CA Inc., the former Computer Associates, re-elected all 12 directors Wednesday, ignoring recommendations by two proxy advisory firms to withhold votes for former U.S. Sen. Alfonse D'Amato. At a generally low-key one-hour annual meeting...Tags: Elections, Pension and Welfare, Computer Associates, CEO Pay, Consumer Electronics Industry
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Growth isn't as easy as it looks
It is not hard to see why Stanley Bergman, chief executive of Henry Schein Inc. of Melville, smiles a lot these days. Sales at the dental and medical equipment distributor were up 11.2 percent last year, and profits rose 17.2 percent. The company, Long...Tags: Arrow Electronics, Academic Progress, Consumer Confidence, NBTY, Inc., Consumer Electronics Industry
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Kumar gets two-month prison reprieve
jim.bernstein@newsday.comSanjay Kumar, former chief executive officer of Computer Associates who admitted to running a $2.2 billion accounting fraud at the Islandia-based software company, has won a two-month reprieve from starting his prison sentence. Kumar, 44, was supposed to...Tags: Court Administration, Computer Associates, Fraud, Justice System, Punishment
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Donated supplies too cumbersome and costly to ship, say embassy officials and relief organizations
STAFF WRITER, Staff writers Emi Endo, Jamie Herzlich and Lauren Weber contributed to this story.To those compelled to do something to help victims of Sunday's earthquake and tsunami, government and relief agency officials have a simple message: Send money. Medicine, food and water are sorely needed in each of the devastated countries, but getting...Tags: Santa Monica, Employees, Natural Disasters, Disasters, Computer Associates
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Another sentencing in CA case
Newsday Staff WriterAcknowledging that a lengthy sentence would have an "extraordinary" harsh effect on former Computer Associates chief salesman Stephen Richards and his children, a federal judge nevertheless sentenced him yesterday to 7 years in prison, saying the...Tags: Court Preliminary, Court Administration, Computer Associates, Fraud, Punishment
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Kumar gets 12 years in CA fraud case
Newsday Staff WritersSaying that Sanjay Kumar's initial rise to prominence because of his talent had been "the embodiment of the American dream," a judge Thursday sentenced the former Computer Associates chairman and chief executive to 12 years in prison for then allowing his...Tags: Prosecution, Computer Associates, Fraud, Punishment, Justice System
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4. Computer Associates International Inc.
One Computer Associates Plaza, Islandia, 11749 631-342-5224 www.ca.com Revenue: $3.5 billion Profit: $82 million Stock: CA (NYSE) Industry: Computer software CEO: John Swainson Employees: 15,300; local, 2,200 For Computer Associates International...Tags: Computer Associates, International Business Machines Corporation, Fraud, Corporate Officers, Consumer Electronics Industry
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A partly sunny outlook, and caution's the word
STAFF WRITERFor some of Long Island's largest publicly traded companies, 2005 is a year of recovery after several years of corporate hell -- federal investigations, staff reductions and accounting irregularities. For the Island's economy as a whole, 2005 is a year...Tags: Arrow Electronics, Computer Associates, Frequency Electronics Inc., American Home Mortgage, Business Enterprises
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A partly sunny outlook, and caution is the word
STAFF WRITERFor some of Long Island's largest publicly traded companies, 2005 is a year of recovery after several years of corporate hell - federal investigations, staff reductions and accounting irregularities. For the Island's economy as a whole, 2005 is a year of...Tags: Arrow Electronics, Eating Disorders, Chembio Diagnostics, Frequency Electronics Inc., New Hampshire
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Kumar, Richards plead not guilty
Staff WriterThe fortunes of Computer Associates International Inc. and its former top executives took divergent turns Thursday, as former chairman Sanjay Kumar pleaded not guilty to criminal charges while the company's stock shares surged. Kumar, 42, dressed in a...Tags: Prosecution, Computer Associates, Fraud, Punishment, Justice System
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