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U.S. v. GRABSKE

No. CR01-0324CRB.

260 F.Supp.2d 866 (2002)

UNITED STATES of America, Plaintiff, v. William GRABSKE, Defendant.

United States District Court, N.D. California.

December 20, 2002.

Attorney(s) appearing for the Case

Douglas R. Young, William P. Keane, Farella, Braun & Martel, San Francisco, CA, for Plaintiffs.

John H. Hemann, Assistant U.S. Attorney, U.S. Attorney's Office, San Francisco, CA, for Defendants.

SENTENCING OPINION RE: CALCULATION OF LOSS

BREYER, District Judge.

Defendant William Grabske ("Mr.Grabske") was the Chief Executive Officer of Indus International, Inc. ("Indus"), a publicly traded software company. On May 29, 2002, Grabske was convicted of securities fraud and other related offenses in connection with the preparation of false financial statements which overstated Indus's revenue for the third quarter 1999.

The parties agree that...

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