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In 1993 Nierenberg and Osberg left Unify to form Actuate Corporation. In 1995 the corporate headquarters moved to San Jose under Reza Mikailli, but in 2000 the company reported accounting irregularities, placed Reza Mikailli on leave, and Todd Wille took over as CEO. Corporate headquarters returned to Sacramento and Unify was delisted from Nasdaq, not returning until 2008. Mikailli was convicted of security fraud and conspiracy charges in 2003.