Lawyers for ex-Brocade CEO Gregory Reyes got kneecapped Tuesday. In the first trial for backdating stock options, the defense has been that Reyes had no idea the practice was wrong. So it couldn't have been pleasant for defense lawyers when prosecutors told them on short notice that they had a witness who'd testify that Reyes told her, "It's not illegal if you don't get caught." U.S. District Judge Charles Breyer will decide today whether the jury will hear that testimony.
June 20, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Lawyers for ex-Brocade CEO Gregory Reyes got kneecapped Tuesday.In the first trial for backdating stock options, the defense has been that Reyes had no idea the practice was wrong.
So it couldn’t have been pleasant for defense lawyers when prosecutors told them on short notice that they had a witness who’d testify that Reyes told her, “It’s not illegal if you don’t get caught.”
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