Corporate
Jul. 13, 2007
Accounting Rules Confused Many Companies, Expert Testifies
SAN FRANCISCO - The accounting rules that former Silicon Valley executive Gregory Reyes is accused of violating in his criminal options-backdating trial were so confusing that companies routinely misinterpreted them, a former federal securities regulator testified Wednesday.
Daily Journal Staff Writer
SAN FRANCISCO - The accounting rules that former Silicon Valley executive Gregory Reyes is accused of violating in his criminal options-backdating trial were so confusing that companies routinely misinterpreted them, a former federal securities regulator testified Wednesday.
William Simpson, the expert called by Reyes' defense team, test...
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