Two former Computer Associates executives settled Securities and Exchange Commission charges that they participated in a widespread practice that resulted in the software maker's improper recognition of revenue.

Without admitting or denying the SEC's charges, CPAs and former CA vice presidents of finance David Rivard and David Kaplan agreed to give up "ill-gotten gains" and to pay civil penalties. Rivard, 36, of East Setauket, N.Y., agreed to give up $83,700 in ill-gotten gains and interest and to pay a $75,000 civil penalty. Kaplan, 38, of Melville, N.Y., agreed to disgorge $128,770 and to pay a $100,000 civil penalty. Rivard and Kaplan both previously agreed to be barred from serving as an officer or director of a publicly held company and to permanent injunctions against violating securities laws.

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