A Big Day in the Greg Reyes Options Backdating TrialBy
Lawyers in the trial to convict former Brocade Communications CEO Greg Reyes on securities fraud and related charges gave their final arguments yesterday (or most of them, anyway. Attorneys are expected to finish up today, and then the jury will get its instructions and begin its deliberations). The room was packed with lawyers and friends and family of Reyes, including Reyes’ father Greg Sr., a long-time chip industry executive, and his uncle George, the CFO of Google. Interestingly, given the media’s enthusiastic coverage of the emerging backdating scandal last year, there weren’t nearly enough reporters on hand to fill the two benches set aside for us.
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