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Help Welcome, Guest 10 Personalize News Home Page - 11 Sign In Yahoo! NEW YORK (Reuters) - Software company Computer Associates International Inc. The restatement is not expected to affect fiscal 2004 results, or results of 2002 to 2003, CA said in a statement. The scope of the restatement was not as large as expected, said analysts. Computer Associates is trying to limit the damage to its reputation and business from the probe, which has dogged the company for two years. Four former employees, including its former chief financial officer, have pleaded guilty to criminal charges. The Islandia, New York-based company also said it asked global sales head Stephen Richards to resign. Richards, a 16-year veteran at CA, joins at least 14 senior executives who have left in recent months as a criminal probe into the company heated up. Before VU Games, Cron ran online gaming sites Flipside and Uproar. Prior to that, he spent 20 years at CMP Media, a trade publisher, rising to the role of president of publishing. NEW COO NAMED Computer Associates also named as chief operating officer its Chief Financial Officer Jeff Clarke, who joined the company on April 1, months after leaving Hewlett-Packard Co. Clarke said Greg Corgan, a 24-year veteran at International Business Machines Corp. Corgan joined CA in 2003 as senior vice president for North American sales. Government documents said CA's former CFO, Ira Zar, conspired with two executives, identified in its document as "Executive 1" and "Executive 2," backdated contracts, and engaged in so-called "35-day month" practices. People close to the matter said those two executives were Richards and Kumar. Board member Walter Schuetze, who was leading the internal probe, said the audit committee has found that CA had a practice of prematurely recognizing revenue on software license agreements for several years prior to adoption of its New Business Model in October 2000. Story Tools Mail to Friend 78 Email Story Message Boards 79 Post/Read Msgs Printer Version 80 Print Story 81 Ratings: Would you recommend this story? Not at all 82 1 - 83 2 - 84 3 - 85 4 - 86 5 Highly IFRAME: 87 avg_ratings Tools Sponsored by: HP 88 Print better photos. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
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