After his lawyers argued that ex-Brocade Communications CEO Gregory Reyes didn't know it was illegal to backdate stock options, June Weaver, a former HR administrator at Brocade, testified Wednesday that Reyes once told her "it's not illegal if you don't get caught" -- but that she couldn't remember the context of the conversation. Reyes' attorney, Richard Marmaro, had tried on Tuesday to block Weaver's testimony. After the statement -- with the jury outside the courtroom -- Marmaro moved for a mistrial.
Rough Day for Brocade Backdating Defense
June 21, 2007
This article requires premium access
This article requires premium access to Law.com. Please sign in or subscribe to read the full text.