Year: 2010

Option backdating cases which are tried to verdict are rare. The SEC and DOJ settle most of these cases long before trial. Previously, in some cases tried to verdict, they have had success. Recent high profile criminal prosecutions against the …

AN SEC OPTIONS BACKDATING CASE IS DIRECTED OUT Read More »

The Commission settled another in a series of actions arising out of the option backdating practices at Brocade Communications Systems, Inc. SEC v. Byrd, Case No. C 07-4223 (N.D. Cal. Filed Aug. 17, 2007). The initial cases involving Brocade Communications …

A RARE OPTION OPTIONS BACKDATING CASE BASED ON NEGLIGENCE Read More »