Lernout and Hauspie to reorganize

Article Abstract:

Lernout and Hauspie Speech Products NV has reacted to stockholder concerns regarding its business practices. The Belgian software company has decided to reduce its interests in two venture capital funds. Analysts had complained that close business relationships with the funds made it difficult to predict the financial integrity of Lernout and Hauspie.

Strategy & planning, Belgium, Management, Abstract, Voice communications software, Lernout & Hauspie Speech Products N.V.

---

U.S. indicts Sanjay Kumar for fraud, lies: charges offer detailed look at computer associates, but company gets a deal

Article Abstract:

Sanjay Kumar, the former chief executive of Computer Associates International Inc. was indicted on charges of obstruction and securities fraud. The charges stemmed from an investigation of accounting irregularities, including the backdating of contracts to meet financial projections.

United States, Legal issues & crime, Legal/Government Regulation, Company legal issue, Cases, CA Inc., CA, Securities fraud, Kumar, Sanjay (American chief executive officer)

---

Similar abstracts:

• Abstracts: Control and support in an international franchise network. SME retailer internationalisation: case study evidence from British retailers
• Abstracts: European panel likely to clear Metso-Svedala deal. EU is ready to examine computer deal. EU panel backs plan to widen Commission president's power
• Abstracts: Ahold reports 17% rise in net for 3rd quarter. Ahold bonds slip on sales report, news of further-delayed results

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.