Law Practice
Jun. 1, 2007
Judge Rejects Bid to Dismiss Case Against Brocade Chief
Gregory Reyes, former chief of Brocade Communications Systems Inc., lost his last chance Wednesday to have the criminal stock-options backdating case against him thrown out before trial. U.S. District Judge Charles Breyer rejected a bid by Reyes’ attorney to dismiss the indictment because the accounting rules governing stock-options grants are “fundamentally unclear.”
Daily Journal Staff Writer
SAN FRANCISCO - Gregory Reyes, former chief of Brocade Communications Systems Inc., lost his last chance Wednesday to have the criminal stock-options-backdating case against him thrown out before trial.
U.S. District Judge Charles R. Breyer rejected a bid by Reyes' attorney, Richard Marmaro of Skadden, Arps, Slate, Meagher & Flom, to dismi...
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