Accounting & Tax

Ex-CA Lawyer Gets Two Years

Former chief counsel Steve Woghin pleaded guilty to conspiracy to commit securities fraud and obstruction of justice in the software company's $2.2...
Stephen TaubJanuary 16, 2007

Another onetime CA executive is headed to prison.

Former chief counsel Steve Woghin was sentenced to two years behind bars, three years of supervised release, and a yet-to-be-determined fine for his role in the company’s $2.2 billion accounting scandal, reported Newsday. He pleaded guilty in September 2004 to conspiracy to commit securities fraud and obstruction of justice, according to the paper.

In 1992, observed Newsday, Woghin was a 10-year veteran at the Department of Justice when he joined the software company previously known as Computer Associates. He allegedly headed up a team of CA lawyers that “routinely” drafted software licensing contracts with clients after a quarter had closed, according to the newspaper.

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Appearing before U.S. District Court Judge I. Leo Glasser, as well as about 15 friends and family members, Woghin reportedly choked back tears as he apologized for his crimes. According to Newsday, Woghin said his part in the affair was “not a legacy I would like to leave…It was not for personal gain or hubris.” Added Woghin, “I’m deeply sorry for what I have done.”

“I’m sorry you’re here,” Glasser reportedly told Woghin before passing sentence. “I would be happier if I had never seen you before.”

Last year, former CA chief executive officer Sanjay Kumar pleaded guilty for his role in the scandal; next month he is scheduled to begin serving a 12-year sentence.