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No Remedies Levied Against Brocade CEO For Now

By Erin Marie Daly ( August 25, 2008, 12:00 AM EDT) -- A federal judge has ruled that the criminal conviction of Brocade Communications Systems Inc.'s fallen CEO Gregory Reyes for options backdating prevents him from re-litigating civil securities fraud claims brought separately by the U.S. Securities and Exchange Commission, but has shot down the agency's request for remedies against him....

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