Brocade

  • Back Dating, Brocade, legal

    Backdating Trial: Trouble for the Prosecution?

    The prosecution for stock options backdating related charges against former Brocade chief executive Gregory Reyes rested its case last Wednesday. But instead of spending the weekend preparing for the case the defense lawyers were scheduled to begin making on today, they wound up preparing an 18 page summary of their evidence that Reyes willfully ignored […]

    / Jul 9, 2007 at 4:42 PM
  • Back Dating, Brocade, CEOs, legal, SEC

    Backdating Is Back: The Materiality Question Arises And Gets Swatted Down

    A key question in the great brouhaha over backdating—dating stock option grants on days when the stock was at a historic low rather than the date they were actually granted—has always been whether or not it matters to shareholders. Was backdating a trivial accounting matter that potentially increased compensation for those receiving the backdated options […]

    / May 15, 2007 at 12:36 PM

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