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Corporate

Dec. 8, 2007

Reyes Likely Will Receive Short Sentence

SAN JOSE - Prosecutors have not made a convincing case that Gregory Reyes, the former chief of Brocade Communications Systems Inc., should spend a long stretch behind bars over a stock-options backdating scheme, a federal judge has concluded.

By Craig Anderson
Daily Journal Staff Writer

      SAN JOSE - Prosecutors have not made a convincing case that Gregory Reyes, the former chief of Brocade Communications Systems Inc., should spend a long stretch behind bars over a stock options backdating scheme, a federal judge has concluded.
      U.S. District Judge Charles Breyer could theoretically sentence Reyes to up to 20 years behind b...

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