Of the points Reeves made in his rebuttal he stated that Reyes lied in the Craig Martin interview. He referred to emails between Reyes and Bidzos where Reyes stated that backdating is in fact illegal. Well what he did not reveal to the jury, the most critical part, the subject of those emails, Section 16 Officers. This is when it is actually illegal to backdate because the grants need to be reported to the SEC within 48 hours. Well Reyes, new this, reported appropriately, and broke no laws.
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