Federal prosecutors maintained their perfect backdating batting average Wednesday with the conviction of former Brocade human relations executive Stephanie Jensen. But in the context of the government's overall stock option game plan, the verdict is probably more of a single than a home run. The jury convicted Jensen of two counts: falsifying company books and conspiracy. That's a much narrower set of offenses than the 10 felony counts prosecutors scored against former Brocade CEO Gregory Reyes in August.
Second Brocade Executive Found Guilty of Backdating
December 6, 2007