Wednesday, August 19, 2009
Former Brocade CEO: Hello, BofA? Yes, I’d Like to Stop Payment on a $15 Million Check.
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.





The wheels of justice grinding away at Apple’s option-backdating scandal for the past few years have worn another career down to gritty dust. The Securities and Exchange Commission on Thursday settled the last civil case against a former Apple executive accused of stock-option fraud.