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Securities

Apr. 10, 2007

Brocade's Ex-CEO Will Get First Backdating Trial, Judge Rules

SAN JOSE - Gregory Reyes, the former chief executive officer of Brocade Communication Systems Inc. will be the first person tried on fraud and other criminal charges related to options backdating, a judge ruled Friday.

By Craig Anderson
Daily Journal Staff Writer

      SAN JOSE Gregory Reyes, the former chief executive officer of Brocade Communication Systems Inc. will be the first person tried on fraud and other criminal charges related to options backdating, a judge ruled Friday.
      In a tactical defeat for federal prosecutors that may complicate their case, the judge decided Reyes will be tried alone, ahead...

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