Nanci Clarence Defends High Tech Company President Against Securities Fraud Charges

Los Angeles Times | May 2, 2002

“As the last days of 2000 ticked by, Critical Path Inc. President David Thatcher saw disaster rushing to swallow him.  Thatcher knew the software company was going to fall short of the $54 million in fourth-quarter sales it had promised Wall Street.  The bad news would surprise analysts, disappoint investors and hammer the company’s stock.”

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