Company will pay compensation to shareholders in deal to defer prosecution Computer Associates International Inc. (CA) has reached a deal with the U.S. Department of Justice under which the company will pay compensation to shareholders and open its accounts to monitoring by an independent third party, in return for the DOJ deferring prosecution in its investigation of accounting fraud at the company, U.S. newspaper reports said Wednesday.CA is scheduled to appear at the U.S. District Court for the Eastern District of New York on Wednesday morning, where the deal will be discussed, according to reports in Wednesday editions of The New York Times and The Wall Street Journal.The company’s former general counsel, Steven Woghin, is also scheduled to appear at the court, where he is expected to enter a plea to criminal charges, the reports said. The charges against CA will be dropped if the company meets certain conditions, including paying compensation and appointing an independent overseer of its accounts, the reports said, citing people familiar with the case. CA has agreed to pay $100 million in compensation to shareholders who lost money as a result of the fraud, according to The New York Times report. The company has also agreed to independent oversight of its accounts for a period of up to two years to ensure it keeps its promises, the report said.CA booked revenue earlier than it should have in its 2000 and 2001 fiscal years in order to meet sales targets, and paid bonuses to executives based on these false accounts, the company has admitted. Four former executives have pleaded guilty to criminal charges including securities fraud. Software DevelopmentDatabasesTechnology IndustrySmall and Medium Business