Today, a jury found former Brocade Communications Systems, Inc. CEO Gregory Reyes guilty on all charges in a case based on backdating stock options.  This is the first government enforcement action – civil or criminal – to go to trial.  …

Stock Option Backdating: A Win For the Government In Reyes Suggests a Narrower Focus in Future Cases Read More »

The Supreme Court’s recent decision in Tellabs, Inc. v. Makor Issues & Rights, Ltd., 127 S. Ct. 2499 (2007), in some ways may appear to have resolved a question of little real import, since it deals only with the requirements …

LIABILITY IN SECURITIES FRAUD DAMAGE ACTIONS: Part X: Tellabs and Section 21D(2)(b) Read More »