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Aug. 31, 2007

Judge Denies Reyes Retrial on Backdating

SAN JOSE - Former Brocade Communications Systems Inc. Chief Executive Officer Gregory Reyes will not get a new trial, a federal judge decided Wednesday afternoon, several weeks after Reyes was found guilty of securities fraud and other felonies related to the backdating of stock options.

By Craig Anderson
Daily Journal Staff Writer

      SAN JOSE Former Brocade Communications Systems Inc. Chief Executive Officer Gregory Reyes will not get a new trial, a federal judge decided Wednesday afternoon, several weeks after Reyes was found guilty of securities fraud and other felonies related to the backdating of stock options.
      Reyes was the first person who was convicted by a j...

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