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: Securities Law Prof Blog

Brocade Agrees to $160 Million Settlement of Backdating Charges

By Securites Lawprof

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Brocade Communications Systems agreed to settle a securities fraud class action involving backdating stock options for $160 million, the largest settlement to date on this issue. Two of its former executives, including former CEO Gregory Reyes, were previously convicted on...

Full post as published by Securities Law Prof Blog on June 02, 2008 (boomark / email).

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