Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, December 6, 2007

Brocade VP Convicted on Backdating Charges

Stephanie Jensen, the former VP of human resources at Brocade Communications, was convicted of charges related to backdating stock options.  She was accused of doctoring paperwork for new hires that received backdated stock options.  Her attorney argued that her client did not have a finance background and did not understand the accounting implications.  The CEO of Brocade was convicted on backdating charges in August.  WSJ, Brocade Ex-Official Convicted.

http://lawprofessors.typepad.com/securities/2007/12/brocade-vp-conv.html

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