Better Keep the Clock Where It is

By Administrator on January 17, 2008 1:41 PM | | Comments (1) | TrackBacks (0)

      

clock.jpg
The first executive to be charged and convicted over backdating stock options was  sentenced to  21 months in prison and ordered to pay $15 million in fines. The executive, Gregory L. Reyes Jr.,  was the former CEO of Brocade Communications Systems. The heavy sentence, according to Judge Charles R. Breyer, was warranted because Reyes had obstructed justice in preparing for trial. What probably didn't help were his comments to the Judge before sentencing: “I’m sorry. There is much that I regret, and if I could turn back the clock I would."
 

Categories:

0 TrackBacks

Listed below are links to blogs that reference this entry: Better Keep the Clock Where It is.

TrackBack URL for this entry: http://sskrplaw.com/cgi-bin/mt/mt-tb.cgi/44

1 Comments

Antique clocks Author Profile Page said:

Great posting in here! Thanks you have a very nice thought. See Antique Clocks

February 12, 2008 3:53 AM

Leave a comment

Search

About this Entry

This page contains a single entry by Administrator published on January 17, 2008 1:41 PM.

Clinical Trial Results Too Often Delayed was the previous entry in this blog.

Clinical Trial Results Too Often Delayed: Part II is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.01