By lunchtime Friday, federal prosecutors on the first stock options backdating trial must've known their weekend was ruined. Three days after the two Assistant U.S. Attorneys rested their securities fraud case against former Brocade Communications CEO Gregory Reyes, U.S. District Judge Charles Breyer ordered them to justify their case in writing. The prosecutors must file a brief explaining what evidence they presented in trial showing that Reyes acted with criminal intent.
July 09, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
By lunchtime Friday, the federal prosecutors on the first stock options backdating trial must’ve known their weekend was ruined.
Three days after Assistant U.S. Attorneys Timothy Crudo and Adam Reeves rested their securities fraud case against former Brocade Communications CEO Gregory Reyes, Northern District of California Judge Charles Breyer ordered them to justify their case in writing.
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