Brocade ex-CEO sentenced to 21 months in options case
95934
Brocade Communications Systems Inc's  former CEO was sentenced on Wednesday to 21 months in prison for backdating stock-option grants in a scandal that has ensnared scores of U.S. companies and led to billions of dollars of restatements.
622016
ALEXANDRIA, Va.  - The former No. 2 weapons buyer  for the U.S. Air Force was sentenced on Friday to nine months  in prison for negotiating a $250,000 job with Boeing Co. while  still overseeing billions of dollars of its business with the  military.
133178
Brocade Communications Systemsâ former chief executive  received a 21-month prison sentence for designing a plan to tamper with the firmâs records of stock option grants.
188532
The former chief financial officer of SafeNet, a maker of computer network security products, was sentenced to six months in prison and fined $1 million.
70999
Man who helped to spy on the Jimmy Choo shoe boss Tamara Mellon is jailed for 21 months
623053
The practice of manipulating stock options grants to make them more favorable has come back to haunt yet another round of high-tech executives. A former Monster Worldwide Inc. executive is expected to agree to a plea deal in New York Thursday, just a day after the founder of Take-Two Interactive Software Inc. pleaded guilty to a state felony related to backdating.
203084
The former chief operating officer of Enron Corp.'s broadband Internet division, Kevin Hannon, was sentenced to 2 years in federal prison for his role in the fraud that led to the giant energy company's collapse, a court official said on Monday.
219896
Switch sensei sized for stripes Gregory Reyes, the former chief of Brocade, today was sentenced to 21 months in prison and fined $15m for masterminding a securities scheme using backdated options.â¦
401021
Brocade Communications Systems Inc's  former chief executive Gregory Reyes was fined $15 million on Wednesday for backdating stock option grants.
719826
A former executive of the biotechnology company MedImmune faces from 15 to 21 months in prison after pleading guilty Friday to security fraud and perjury in US District Court in Washington.
193479
Former CEO Gregory Reyes was handed 21 months in prison and a $15 million fine for fraud in Brocade backdating scandal.
171804
The sentencing of Brocade's CEO shows that the race is almost run -- and shareholders have lost.
678590
Brocade Communications Systems  Inc's  former chief was sentenced on Wednesday to 21  months in prison for backdating stock-option grants in a  scandal that has ensnared scores of U.S. companies and led to  billions of dollars of restatements.
346819
McData a McRevenue helper Brocade's profits took a beating during its first fiscal quarter of 2008, as the company's legal fees and lossy investments gave revenues a once-over.â¦
357971
(InfoWorld) - Prosecutors are recommending that former Qwest Communications International chief Joseph Nacchio serve more than seven years in prison for insider trading during the telecommunications boom. Nacchio, who was CEO of Qwest from 1997 to 2002, would serve 87 months plus three years' probation, and pay as much as $19 million in fines, under the recommendation filed Friday by federal attorneys. He wasÂ convicted in federal courtÂ in April of 19 counts of insider trading involving $52 million in stock sales. He was cleared on 23 other insider-trading counts. Following the prosecutors' sentence recommendation to Judge Edward Nottingham of the U.S. District Court for the District of Colorado, in Denver, Nacchio's lawyers on Friday asked for a reduction in the recommended sentence. They cited good works by Nacchio and the possible effect of a long sentence for Nacchio on the health of two of his family members. In their filing, the government's attorneys said Nacchio deserved a sentence at the high end of the scale because of brazen lies to investors, the size of his ill-gotten gains, and other factors. He faces a maximum possible sentence of 10 years in prison and a $1 million fine for each count, plus a forfeiture of assets. Qwest is a regional incumbent telecommunications provider that serves several states in the West and Midwest. Nacchio resigned in 2002 amid concerns from shareholders about his $27 million annual compensation package. In 2005, the U.S. Securities and Exchange Commission charged him and other Qwest executives with fraud, saying they misrepresented one-time sales of network capacity as recurring revenue in order to boost the company's stock price. Nacchio unloaded his own stock while predicting strong growth, all the while knowing about problems with Qwest's performance, the government charged.
665812
A former corporate executive was sentenced on Tuesday to 20 years in prison and ordered to pay $165 million restitution in a massive Florida fraud against Portuguese bank Banco Espirito Santo, prosecutors said.
88133
NEW YORK, Feb. 15 -- A former senior vice president of the company that runs the Monster job-search Web site admitted in court Thursday that he illegally backdated millions of dollars in employee stock option grants.