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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 9:30 AM EST

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From: Lizzie Tudor12/11/2007 6:16:22 PM
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really WIERD backdating news. I was thinking about a month ago this backdating stuff would fade away (when the judge tossed an AAPL class action). then they convicted that brocade HR mgr and backdating was back.

But now, this. This is just TOO WIERD, and I don't think the backdating zealots are going to be able to recover from this. I think this damage the backdating prosecutions maybe fatally.

Brocade witness “recants”; Reyes seeks new trial

In the email sent October 24 to Reyes’s “house manager” Angela Restrepo-Steger, Moore wrote: “I’ve read the closing argument over and over and I’m angry with [prosecutor Timothy] Crudo twisting around what I said, and bullying me into saying things I didn’t intend to say. I’ve read those dreaded lines I said over and over and I can’t believe it carried as much weight as it did. . . . I want to find a way to fix this, my heart is heavy with guilt and I want to fix this now.” In a third affidavit, a friend of Moore’s who still works at Brocade, Barbara Keller, provides a hearsay account of similar remarks Moore allegedly made to a mutual friend.
legalpad.blogs.fortune.cnn.com
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