This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Corporate

Feb. 23, 2010

Backdating Case Faces New Landscape

Prosecutors open their retrial of former Brocade chief executive Gregory L. Reyes today with a very different legal view of stock options backdating scandal.

By Rebecca Beyer

Daily Journal Staff Writer

SAN FRANCISCO - In an effort to salvage one of only two guilty verdicts to emerge from a scandal that implicated hundreds of companies earlier this decade, federal prosecutors open their retrial of former Brocade chief executive Gregory L. Reyes on stock options backdating charges today.

They're back at square one largely because their first efforts - although successful before th...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up