Former BearingPoint employee Larry Rodda pled guilty to one count of criminal conspiracy in connection with an alleged scheme by California software company Peregrine Systems Inc. to inflate its stock price. Peregrine overstated its revenue by $509 million from 1999 to 2001. BearingPoint was a reseller of Peregrine’s software during that time. Rodda, who had been charged with signing phony contracts for Peregrine, was also named in a civil suit brought by the Securities and Exchange Commission in the matter. BearingPoint was subpoenaed in the case and has also been named in several civil lawsuits alleging that it helped Peregrine carry out its scheme. In January 2008, Rodda was sentenced to six months in prison, six months of home detention, and two years of supervised release. He was also ordered to pay a $100 special assessment. See related BearingPoint Inc. instances, “SEC v. Gardner, et al. (Aiding and Abetting Financial Fraud)” and “Aiding and Abetting Financial Fraud.”