Peregrine case declared a mistrial
From Times Wire Services
A judge declared a mistrial in the case of three former Peregrine Systems Inc. executives and an auditor accused of conspiracy and fraud in the accounting scandal that forced the software maker into bankruptcy.
U.S. District Judge Thomas Whelan in San Diego said the jury was hopelessly deadlocked after two weeks of deliberations.
Former Peregrine President Gary Lee Lenz, ex-Vice President Joseph Reichner and accounting manager Patrick Towle, along with Daniel Stulac, the San Diego-based company’s outside auditor from now-defunct Arthur Andersen, faced 14 to 16 counts each.
