guilty

What Was That You Said, Greg? It’s Not Illegal if You Don’t Get Caught?

John Paczkowski in News on March 29, 2010 at 10:18 am PT

Former Brocade Communications Systems CEO Greg Reyes’s luck took a turn for the worse last week when he was once again found guilty of securities fraud. Though it acquitted him on one count of conspiracy, a federal jury on Friday found Reyes guilty on nine counts of securities fraud and making false statements–the same ones overturned last August because of prosecutorial misconduct.