David McQuillin, 50, of Sudbury, Massachusetts, and former CEO of Burlington, Massachusetts-based Aspen Technology, was sentenced last week to 3 years probation and fined $12,000 for his role in falsifying the company's reported revenue in 2001 and 2002. McQuillin pleaded guilty to conspiracy and securities fraud charges. He also settled a civil case brought by the SEC in which he was ordered to pay a $85,000 fine, plus disgorgement of $28,381.61 and is barred from serving as an officer or director of any public company. Aspen Technology founder Lawrence Evans settled similar charges.
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