Inexact drafting by lawyers for former Brocade CEO Gregory Reyes may have gotten an extra six months tacked onto his stock option backdating sentence. U.S. District Judge Charles Breyer sentenced the former Silicon Valley icon to 21 months in prison Wednesday. Breyer also imposed a $15 million fine, but did not order Reyes to pay any restitution. Breyer stayed the entire sentence pending appeal.
January 17, 2008 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
Inexact drafting by lawyers for former Brocade CEO Gregory Reyes may have gotten an extra six months tacked onto his stock option backdating sentence.
U.S. District Judge Charles Breyer sentenced the former Silicon Valley icon to 21 months in prison Wednesday. Breyer also imposed a $15 million fine, but did not order Reyes to pay any restitution. Breyer stayed the entire sentence pending appeal.
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