X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
BREYER JUGGLES MESS OF BROCADE CASE U.S. District Judge Charles Breyer made it clear Wednesday he thinks the first stock options backdating case is a bit unwieldy. Late in a hearing in the criminal case against former Brocade Communications CEO Gregory Reyes and HR Manager Stephanie Jensen, Breyer asked lawyers for both sides to brief him on why the government would need to use more than 35 options grants to bring its case. “I’m not sure what the relief is,” said Christopher Steskal, the assistant U.S. attorney on the case. “I know what the relief is,” Breyer responded. “The relief is limiting the case.” That was one good sign for the defense team, which was frustrated earlier in the hearing when Breyer said he was disinclined to order the production of documents by Morrison & Foerster and Wilson Sonsini Goodrich & Rosati relating to their internal investigations of Brocade. Breyer slapped down arguments by the law firms that documents shown to the government remained privileged, but he refused to order production of the documents. Instead, he said that Reyes’ lawyer, Richard Marmaro, had not shown that they would be admissible in the court case.

Justin Scheck

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.