(Bloomberg) -- Prosecutors' pursuit of executives
for backdating stock options gets its first courtroom test today
as the former chief executive officer of Brocade Communications
Inc. goes on trial in federal court in San Francisco.
Gregory Reyes, 44, was charged in July with securities fraud
and conspiracy for misleading investors by backdating stock
option grants, altering company documents and causing Brocade, a
network equipment maker, to report false financial results.
Read more at Bloomberg Exclusive News
for backdating stock options gets its first courtroom test today
as the former chief executive officer of Brocade Communications
Inc. goes on trial in federal court in San Francisco.
Gregory Reyes, 44, was charged in July with securities fraud
and conspiracy for misleading investors by backdating stock
option grants, altering company documents and causing Brocade, a
network equipment maker, to report false financial results.
Read more at Bloomberg Exclusive News
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