June 11, 2015
Three former executives and analysts accused of inside trading involving Brocade Communications System Inc.'s $3 billion acquisition of Foundry Networks Inc. in 2008 have settled civil suits with the U.S. Securities and Exchange Commission, according to Thursday filings in New York federal court.
March 31, 2014
A former vice president for networking hardware vendor Foundry Networks Inc. who's been charged with insider trading connected to the $3 billion merger with Brocade Communications Systems Inc. sued in Delaware Chancery Court on Friday to get Brocade to cover his legal expenses.