US
Gregory Reyes
CEO of Brocade Communications; first corporate executive convicted at trial in the options backdating scandal.
INDIVIDUAL ENFORCEMENT RECORD
- Name: Gregory Reyes
- Jurisdiction: US
- Maximum Sentence: No incarceration recorded.
- Officer & Director Bar: No statutory bar recorded.
- Case Records: Named in 1 primary fraud dossier(s).
PRIMARY ENFORCEMENT CASES INVOLVING GREGORY REYES
PRIMARY SOURCE DOSSIERS| Case Title | Jurisdiction | Status | Primary Scheme | Role | Outcome / Sanction |
|---|---|---|---|---|---|
| Brocade Communications: Criminal Options Backdating Scheme | US | ADJUDICATED | options backdating | OFFICER | CEO Gregory Reyes retroactively selected dates when stock traded at historic lows to grant heavily in-the-money executive stock options. |