Another first for former Brocade Communications Systems CEO Greg Reyes. He was the first Silicon Valley CEO to be indicted on federal charges in the options backdating scandal of a few years ago and the first to be found guilty. And on Tuesday, he became the first to have his conviction overturned.
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Cisco is calling it its biggest enterprise product launch in 15 years, and given the cloud of hyperbole in which it debuted today the Nexus 7000 data-center switch may be just that.
Like any network switch, the Nexus 7000 controls and directs the flow of data between connected computers. But unlike any network switch, it can [...]
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The hammer has finally fallen on Greg “it’s not illegal if you don’t get caught” Reyes. Yesterday afternoon, a jury found the former Brocade Communications Systems CEO (and consultant) guilty on ten felony counts of securities fraud in the nation’s first criminal trial over the backdating of stock options.
Reyes was charged last year with [...]
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