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.
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...
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