A U.S. jury convicted the former chief executive of Brocade Communications Systemson all 10 counts Tuesday in the government's first criminal options-backdating trial.
The jury returned the verdict in the trial of Gregory Reyes after seven days of deliberations. He could face decades in jail and millions of dollars in fines. Sentencing is scheduled for Aug. 21.
Reyes, 44, was found guilty of 10 counts including conspiracy to commit securities fraud; mail fraud; falsifying books, records and accounts, and making false statements.
He was CEO of the San Jose, California-based data-storage network switch maker from 1998 to 2005.