Report: Three Ex-Computer Associates Execs Plan Guilty Pleas

Three finance executives who were let go by Computer Associates ( CA) following an internal accounting probe will plead guilty Thursday to unspecified charges in Brooklyn federal court, Reuters reported.

The wire service quoted U.S. attorney's office spokesman Robert Nardoza saying that former CFO Ira Zar, former senior vice president of finance David Kaplan and former vice president of finance David Rivard will plead guilty in court, however Nardoza did not know what the charges were. Nardoza could not be reached for further comment.

Zar and Rivard were fired from the company last year after an internal investigation -- sparked by external probes by the Securities and Exchange Commission and U.S. attorney's office -- found that the company booked revenue earlier than it should have. Kaplan left to "pursue other opportunities" in December.

Computer Associates spokesman Bob Gordon said the company had no comment on the pleas.

The trio's guilty pleas come on the heels of another former CA executive, Lloyd Silverstein, pleading guilty to obstruction of justice in January. The same day the SEC filed a civil complaint charging him with accounting fraud.

Shares of Computer Associates closed down 7 cents, or 0.3%, at $27.91.

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