Guilty pleas by three more Computer Associates (CA) executives are unlikely to immediately affect the company or its customers, according to analysts and resellers.
Last week former CA chief financial officer Ira Zar pleaded guilty to three counts of securities fraud and obstruction of justice.
Senior accounting and financial reporting executives David Kaplan and David Rivard pleaded guilty to charges of conspiracy to obstruct justice and conspiracy to commit securities fraud.
The charges are part of the continuing joint investigation by the US Attorney's Office and financial regulator the Securities and Exchange Commission (SEC).
The agencies are investigating CA's statements of results for the financial year ending 31 March 2001.
In a statement CA said: "The [CA] audit committee determined that CA had prematurely recognised revenue in fiscal 2000 on the basis of software licence agreements that were signed in a later quarter."
The guilty pleas come three months after the former vice president of finance, Lloyd Silverstein, pleaded guilty to conspiracy to obstruct justice.
Analyst Gartner said the announcement would not immediately affect the company or its customers, but warned that the investigation could affect current CA senior management in the long term.
"This announcement does not change our current 'caution' rating on CA overall, or our financial rating," said Gartner in a statement.
"Clients and prospects should weigh the potential risks this investigation and any related accounting issues will have on CA when performing their usual due diligence."
And Kathy Gibson, group marketing manager at CA reseller Bytes Technology, said: "[The investigation] hasn't affected [CA's] business at all. In fact, our revenues with CA continue to grow, so I'd say it hasn't affected our customers either.
"Generally, the customers are interested in what the products can deliver."
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