The first criminal backdating trial, against former Brocade CEO Greg Reyes, is expected to go to the jury in the next few days.
Contact Mark Schwanhausser at [email protected] (408) 920-5543.“All of his behavior is consistent with his belief that nothing was wrong.” And countering SEC claims that backdated options gave him a head start to profits worth “millions of dollars,” Schroeder said he did not exercise any tainted options granted to him as CEO, though he did pocket about ,000 from mispriced options granted before he was promoted.
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