Peregrine Systems, Inc.

Peregrine Systems, Inc., founded in 1981, "develops enterprise software solutions that enable organizations to evolve their IT service and asset management practices to reduce costs, improve IT productivity and service levels, and mitigate risk by managing portfolios of IT assets and streamlining service management operations. Headquartered in San Diego, California, Peregrine conducts business from offices in the Americas, Europe, and Asia Pacific," its website states.

Peregrine Systems, Inc., is not to be confused with Peregrine Semiconductor Corporation. 

Management Team

 * James Zierick, Executive Vice President, Worldwide Field Operations
 * Jeff Boyce, Senior Vice President, Worldwide Solutions Consulting
 * Alan Kerr, Senior Vice President, Worldwide Sales
 * Beth Martinko, Senior Vice President, Customer Support and Education
 * Deborah Traub, Senior Vice President, Product Delivery

Board of Directors

 * James P. Jenkins, Chairman
 * Andrew J. Brown
 * Victor A. Cohn
 * James W. Harris
 * Alan J. Hirschfield
 * Mark S. Israel
 * John Mutch

Legal Matters

 * "Peregrine Inc. – Delisted and Under Investigation," Scripophily.net, May 6, 2002. See class-action complaint overview and case information posted on Berman DeValerio Pease Tabacco Burt & Pucillo website.
 * Darren Rovell, "Moores’ company part of SEC investigation," ESPN Sports Business News, July 25, 2002. Re John Moores, Chairman of the Board, Peregrine Systems, Inc.
 * "Peregrine sues Andersen for $1bn. Software firm prepared for chapter 11," Accountancy Magazine, September 23, 2002.
 * Darren Rovell, "Padres owner has deep, troubled pockets," ESPN.com, September 25, 2002.
 * "SEC Charges Former Peregrine Systmes Sales VP with Financial Fraud, Insider Trading," Carey & Associates, PC, June 16, 2003. Re Stephen S. Spitzer
 * Cheryl Meyer, "Peregrine Reaches Partial SEC Settlement," The Daily Deal (Stanford Law School Securities Class Action Clearinghouse, Stanford University), July 1, 2003.
 * Litigation Release No. 18290; Accounting and Auditing Release No. 1845; Civil Action No. 03 CV 1276 (S.D. Cal.) (July 23, 2003): Final Judgment Entered in SEC’s Financial Fraud Case Against Peregrine Systems, Inc., U.S. Securities and Exchange Commission, August 14, 2003.
 * Peregrine Systems, Inc., Stanford Law School Securities Class Action Clearinghouse, Stanford University, November 2003.
 * "Several Former Peregrine Systems Execs Indicted in Alleged Billion Dollar Fraud," BNA Corporate Law Center, October 11, 2004.
 * J. Edward Ketz, "The Accounting Cycle. Peregrine Systems – Or the Lack of Them," SmartPros, December 2004: Named in the indictment were: former Peregrine Chief Executive Officer Stephen P. Gardner (Stephen Parker Gardner); former Executive Vice Presidents for Worldwide Sales Douglas Stephen Powanda (Douglas S. Powanda) and Andrew Vincent Cahill Jr.; former Vice President for Europe and Emerging Markets Jeremy Reeve Crook; former President and Chief Operating Officer Gary L. Lenz (Gary Lee Lenz); former Senior Vice President of Alliances Joseph G. Reichner (Joseph Gerard Reichner); former KPMG Consulting LLC Managing Director Larry A. Rodda (Larry Alan Rodda); former President of Barnhill Management Corp. Michael D. Whitt (Michael Danny Whitt); former Peregrine Vice President of Finance and Chief Accountant Berdj J. Rassam (Berdj Joseph Rassam); former Peregrine Revenue Manager Patrick Jude Towle; and former Arthur Andersen LLP audit partner Daniel F. Stulac (Daniel Francis Stulac). "All were charged with conspiracy to commit securities fraud, securities fraud, wire fraud, bank fraud, and falsifying books and records." The Securities and Exchange Commission also filed civil fraud charges October 5, 2004, against Gardner, Lenz, Rassam, Reichner, Stulac, Whitt, Peter J. O'Brien, Powanda, and Rodda "(SEC v. Gardner S.D. Cal., 04-CV-2002JAH, 10/5/04)."

Contact Information
3611 Valley Centre Drive San Diego, CA 92130 Telephone: 800 638-5231 or 858 481-5000 Fax: 858 481-1751 Website: http://www.peregrine.com

Related SourceWatch Resources

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