DALLAS, May 28, 2010 (GlobeNewswire via COMTEX) -- MicroStockProfit.com announces an investment report featuring Brocade Communications Systems Inc. (Nasdaq:BRCD). The report includes financial, comparative and investment …
SAN FRANCISCO — Former Brocade Communications Systems Inc. CEO Gregory Reyes was convicted Tuesday of defrauding investors in the first stock options backdating case to go to trial. The guilty verdict on all counts is an …
Brocade's stock will now cease trading on the NASDAQ, and the company will begin operating as an indirect subsidiary of Broadcom. According to Broadcom, former Brocade SVP Jack Rondoni will head up the new subsidiary as general …
SAN FRANCISCO -- The former chief executive of Brocade Communications Systems Inc. was charged Thursday with fraud, the first criminal complaint in a stock options probe that involves more than 55 U.S. companies. Gregory L. …
Shares of Ruckus Wireless Inc. soared 35% in premarket trade Monday, after the wireless services company agreed to be acquired by Brocade Communications Systems Inc. in a stock and cash deal that values Ruckus at about $1.5 billion. …
Brocade Communications Systems, a maker of data-storage network switches, said on Monday that it had agreed to settle a class-action lawsuit related to backdated stock options. Brocade said it would pay $160 million to plaintiffs in …
Under the agreement, Brocade will pay a combination of $18.50 of cash plus 0.0907 shares of Brocade common stock in exchange for each share of Foundry common stock, representing a total value of $19.25 (based on Brocade’s closing …
It will also help the chipmaker dig deeper into the connected devices and cars market. Brocade's common stock will stop trading on Nasdaq and the firm will operate as a unit of Broadcom, the company said in a statement.