The next great backdating trial

Discussion in 'Wall St. News' started by Sbelmont, Dec 3, 2007.


    The next great backdating trial
    It involves Brocade, again, only this one has former HR chief's defense lawyers pitting finance department against human resources in who's-to-blame game

    By Carleen Hawn
    December 3, 2007

    The criminal fraud trial of Stephanie Jensen, the former head of human resources at Brocade Communications, got under way last week in San Francisco. Very quickly, Ms. Jensen's attorneys have tried to make the case as much a battle over which department—HR or finance—ought to shoulder the blame for what amounts to a compensation and accounting scheme as over Ms. Jensen's personal role in the fraud....