The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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3/14/2007
Peregrine Systems CEO Pleads Guilty
Stephen Parker Gardner, former CEO of Peregrine Systems has plead guilty to conspiracy, securities fraud and obstruction of justice. The charges arose in relation to a 2004 indictment charging Gardner and several other Peregrine execs with accounting fraud, specifically backdating contracts and improperly recognizing revenue. Further details on the Gardner plea via the LA Times.

-- MDT

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