Juniper Networks, Inc. Being Investigated by the U.S. Securities and Exchange Commission and the U.S. Department of Justice
Robbins Arroyo LLP is investigating whether certain officers and directors of Juniper Networks, Inc. (NYSE: JNPR) (“Juniper Networks”) breached their fiduciary duties to shareholders. Juniper Networks provides Internet infrastructure solutions for Internet service providers and other telecommunications service providers.
Robbins Arroyo Investigates Possible Violations of the U.S. Foreign Corrupt Practices Act by Juniper Networks
Robbins Arroyo LLP is investigating whether officers and directors of Juniper Networks caused the company to violate the U.S. Foreign Corrupt Practices Act (“FCPA”) as a result of the company’s lack of effective internal controls over its financial reporting, and whether the company made false and/or misleading statements regarding such violations. On August 8, 2013, after the market closed, Juniper Networks disclosed that the U.S. Securities and Exchange Commission (“SEC”) and the U.S. Department of Justice (“DOJ”) “are conducting investigations into possible violations by the Company of the [FCPA].” On this news, the company’s stock declined more than 5%, to close at $20.92 per share on August 9, 2013.
Robbins Arroyo LLP highlights that Juniper Networks shareholders have the option to pursue a shareholder derivative action through which shareholders aim to hold insider wrongdoers accountable for their actions, prevent future misconduct, and bring long-term value back to the company.
Juniper Networks shareholders who would like more information about their rights and potential remedies can complete the form below and we will contact you directly. You can also contact attorney Darnell R. Donahue at (800) 350-6003.
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