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StumbleFirm settling investor suits
Tuesday, Aug. 26, 2003 | 11:48 a.m.
Under the terms of the settlement, Computer Associates said it would issue up to 5.7 million shares of common stock to shareholders in three class action lawsuits. Plaintiffs' attorney fees will be covered by the stock issuance.
The suits pertain to how the Long Island-based company, which makes software for corporate mainframe computers, recognized revenue and awarded executive compensation.
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