U.S. District Judge Charles Breyer left the white-collar community hanging Thursday when he declined to rule on a motion to acquit former Brocade Communications Systems chief executive Gregory Reyes of criminal charges related to stock option backdating. Breyer said he would reserve any decision for a later date. "I could decide immediately, a week from now ... before it goes to a jury or after," the judge said, adding that he may decide not to rule at all.
July 20, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Northern District of California Judge Charles Breyer left the white-collar community hanging Thursday when he declined to rule on a motion to acquit former Brocade Communications Systems chief executive Gregory Reyes of criminal charges related to stock option backdating. Breyer said he would reserve any decision for a later date.
“I could decide immediately, a week from now … before it goes to a jury or after,” the judge said, adding that he may decide not to rule at all.
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