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Reyes, 48, and Stephanie Jensen could potentially receive 20 years in prison, along with $5 million in fines for granting backdated stock options to employees between 2000 and 2004, according to the Securities and Exchange Commission (SEC) and the U.
Internet News · 7/21/2006
Prosecutors say that Riley called Teeple, his friend, on July 16, 2008, with a tip that Brocade was about to announce a deal to buy Foundry. News of the deal became public five days later. Teeple’s hedge fund allegedly bought up Foundry stock and …
Law 360 · ByRichard Vanderford · 1/8/2014
Brocade will pay $18.50 in cash plus about one-tenth of a share of Brocade stock for each share of Foundry, for a total of $19.25 per share. Brocade expects to fund the deal with cash from both companies and $1.5 billion of debt financing. "Our business ...
Network World · ByStephen Lawson · 7/21/2008
LOS ANGELES, June 24 (Reuters) - A U.S. judge sentenced the former chief executive of Brocade Communications Systems Inc ... one of the highest profile executives to be accused of illegal stock options backdating. The sentence that U.S. District Judge ...
Reuters · 6/24/2010
Former Brocade Communications Systems CEO Gregory Reyes has been sentenced to 21 months in prison and a US$15 million fine for fraud related to backdating of the storage networking company's stock options. The sentencing order on Wednesday …
PC World · ByStephen Lawson · 1/18/2008
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, for a total value of $19.25 per share, the two companies said in a joint press release ...
CNet · 7/21/2008
In earnings action, Agilent (A), Bob Evans Farms (BOBE), Brocade (BRCD), Cracker Barrel Old Country Store ... Agilent Technologies (A): Goldman Sachs gives the stock a Buy-from-Neutral boost. Agnico-Eagle Mines (AEM): The commodity company is …
Minyanville · ByJustin Sharon · 11/19/2012
Most judges have rejected these sorts of defense requests. But the judge in the HealthSouth case in Birmingham, Ala., and a judge overseeing the Brocade stock options backdating case in California have allowed them to move ahead.
Washington Post · 4/27/2007
Brocade Communications Systems has a tidy and highly profitable $2.3 billion Fibre Channel and Ethernet fabric business. It also has doubled its stock price from $5.25 to nearly $10 in the last 12 months. However, it also has been chasing data networking ...
eWeek · ByChris Preimesberger · 6/2/2014
Respondents named Alcatel-Lucent, Brocade, Cisco, Juniperand Huawei (listed in alphabetical ... IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood …
Market Watch · 7/22/2015

Brocade Communications Systems

Company
Brocade Communications Systems, Inc. is an American technology company specializing in data and storage networking produ…
Brocade Communications Systems, Inc. is an American technology company specializing in data and storage networking products. Originally known for its leadership in Fibre Channel storage networks, the company has expanded its focus to include a wide range of products for New IP and Third platform technologies. Offerings now include routers and switches optimized for data center, campus and carrier environments, IP and Fibre Channel storage network fabrics; Network Functions Virtualization and Software-defined networking solutions such as a commercial edition of the OpenDaylight Project SDN Controller; and network management software that spans physical and virtual devices.
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