Michael Danny Whitt makes eight
Peregrine Systems execs who've plead guilty in relation to the accounting fraud that afflicted the one-time jewel fo the San Diego-area software industry. Peregrine first acknowledged its problems
back in 2002 and before the year was out the troubled firm was on the road to bankruptcy. Its remnants were
purchased by Hewlett Packard. In case you are keeping score the other seven guilty pleas in the Peregrine case belong to:
Douglas Stephen Powanda
Ilse Cappel
Jeremy Crook
Steve Spitzer
John Burnham Benjamin
Richard T. Nelson
Matthew Gless
Several other Peregrine execs (some big fish among them) have plead NOT guilty, but you can look those up y'selves!
-- MDT
Labels: Fraud, Jeremy Crook, Peregrine Systems, SEC