I don’t cover industry issues here, but this is just too good to pass up.

Sanjay Kumar, former CEO of CA, is sentenced to 12 years and $8M in fines.

U.S. District Judge Leo Glasser said though Kumar was not a violent criminal, he “did violence to the legitimate expectations of shareholders.” Prosecutor Eric Komitee said Kumar deserved severe punishment as the architect of an elaborate coverup that was “the most brazen in the modern era of corporate crime.” … After the FBI began investigating the company in 2002, Kumar orchestrated a cover-up that involved lying under oath about the “35-day month” and other frauds and trying to buy the silence of a potential witness, authorities said.