Vindication for the Backdating’s Poster Boy?
By Jim Goldman of CNBC
A federal appeals court reversed the entire thing! Not because of some legal technicality but because of prosecutorial misconduct. In the 21-page ruling, the 9th US Circuit Court of Appeals excoriated the Feds, setting aside all 10 counts of illegal backdating.
No more 21 month prison sentence to worry about, and I guess Reyes can stop payment on that $15 million fine. Reyes and his legal team had argued that the government kept key evidence from the defense, and in doing so, misled the jury.


If you have to lie to make your case then you simply have NO CASE! This is the problem when prosecutors care more about their win loss record than they do truth and justice.
And they are still misleading the jury… The government drags Reyes back to court for a second trail and pulls the same stunts as they did in the first case which got the case overturned then. Wouldn’t you think the prosecutors would have learned a lesson the first time, not to lie, you’ll get caught? Do they think they’ll get away with it this time? Reyes defense team is way too smart for that!