California tech execs face charges

— Federal authorities accused executives at three Northern California software companies of cooking the books to dupe investors and prop up stock prices during the high-tech boom of the 1990s. The U.S. Attorney’s Office filed criminal securities-fraud charges Monday against two former chief executives, Gholamreza Mikailli of Sacramento-based Unify and Alan K. Anderson of the … Continue reading “California tech execs face charges”

— Federal authorities accused executives at three Northern California software
companies of cooking the books to dupe investors and prop up stock prices during the high-tech boom of the 1990s. The U.S. Attorney’s Office filed criminal securities-fraud charges Monday against two former chief executives, Gholamreza Mikailli of Sacramento-based Unify and Alan K. Anderson of the now-defunct Quintus, and former chief financial officer Gary Pado of Unify. AP’s Michael Liedtke in the San
Jose Mercury
Judith Burns in the Wall Street Journal Ben White in the Washington Post Gilbert Chan in the Sacramento Bee

Source: Rough & Tumble.