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San Jose, Brocade Timeline Tuesday, April 24 Bookmark and Share     Author
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Brocade To Buy Foundry Networks for $3B  Brocade Communications Systems Inc. is melding two companies with presence deep in the data center and posing a challenge to Cisco Brocade to pay $160M to settle lawsuit
World News (12) World Business (847) USA (336) California (187) Bay Area (12) Bay Area Business (1699) Silicon Valley (1611) San Jose (312) Brocade (13)
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Sunnyvale Merger and Acquisition (69)   Sunnyvale Business (140)   San Jose Lawsuit Settled   San Francisco Justice (229)   San Francisco Sentence
Brocade Communications lose $656.8M  A weak earnings spurred investors to dump the stock. The company forecast lower sales and profit than analysts had expected Court Orders New Trial In Brocade Case
Brocade acquires a 'network onramp' with $1.5 billion acquisition of Ruckus Wireless


year 2016 Top ^

Apr.4
  Brocade Communications said Monday it will acquire Ruckus Wireless in a $1.5 billion deal


year 2011 Top ^

Aug.6


year 2009 Top ^

Aug.18
  San Francisco: A federal appeals court has tossed out the criminal conviction of the first Silicon Valley executive who went to trial in a stock options scandal



year 2008 Top ^

Jul.21
Jun.2
  Brocade has agreed to pay the plaintiffs in a class-action to settle allegations it hurt investors by tampering with stock options
Mar.19 Second former Brocade exec sentenced  San Francisco: Stephanie Jensen, 50, was sentenced to 4 months in federal prison and fined $1.25 million today for conspiring to backdate stock options Jan.16 Ex-Brocade CEO Gets Prison
  San Francisco: Gregory Reyes, 45, was sentenced to a year and 9 months in prison and fined $15 million for misleading stockholders and federal regulators.    The jury found Reyes was conspiring to alter the grant dates of stock options awarded to emp...


year 2007 Top ^

Dec.5 Second Brocade exec convicted
  Stephanie Jensen, former human resources director, was convicted of stock-option backdating charges for colluding with her boss Aug.7 CEO Convicted In Brocade Stock Trial
  San Francisco: A former chief executive Gregory Reyes was convicted of defrauding investors in a stock options backdating scheme


year 2006 Top ^

Aug.17   Brocade beats Wall Street estimates  Brocade Communications Systems posted record revenue for its fiscal 3rd quarter even amid a federal stock options probe Aug.10 Judge won't throw out Brocade charges
  2 former executives accused of backdating employees' stock options Aug.3 Former Brocade CEO arraigned  San Francisco: Gregory Reyes faces charges of securities fraud in options scandal Jul.21 Options probe snares 3 former execs  The criminal and civil actions were filed against Gregory Reyes, the former Brocade CEO


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