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: Securities Law Prof Blog

Former Brocade CEO Gets 21 Months in Backdating Conviction

By Securites Lawprof

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The former CEO of Brocade Communications Systems, Gregory Reyes, the first executive convicted of backdating stock options, was sentenced to 21 months and a $15 million fine. The Court said it took into account misleading statements made by Mr. Reyes...

Full post as published by Securities Law Prof Blog on January 16, 2008 (boomark / email).

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Lawsuits and Settlements

Options Backdating
Former Broadcom executive settles $1.3 million stock option backdating lawsuit.

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