Lieff, Cabraser, Heimann & Bernstein, LLP reminds investors of the
October 11, 2013 deadline to move for appointment as lead plaintiff in
the securities
class litigation brought on behalf of purchasers of the securities of
Juniper Networks, Inc. (“Juniper” or the “Company”) (NYSE: JNPR) between
April 24, 2012 and August 8, 2013, inclusive (the “Class Period”).
If you purchased Juniper securities during the Class Period, you may
move the Court for appointment as lead plaintiff by no later than
October 11, 2013. A lead plaintiff is a representative party who acts on
behalf of other class members in directing the litigation. Your share of
any recovery in the action will not be affected by your decision of
whether to seek appointment as lead plaintiff. You may retain Lieff
Cabraser, or other attorneys, as your counsel in the action.
Juniper
investors who wish to learn more about the action and how to seek
appointment as lead plaintiff should click here or contact Sharon M.
Lee of Lieff Cabraser toll-free at 1-800-541-7358.
The complaint charges Juniper and certain of its officers and directors
with violations of the Securities Exchange Act of 1934.
The complaint alleges that during the Class Period, defendants issued
materially false and misleading statements regarding Juniper’s business
and operations. Specifically, defendants misrepresented and/or failed to
disclose that Juniper violated the U.S. Foreign Corrupt Practices Act
and that the Company lacked effective internal controls over financial
reporting.
On August 8, 2013, after the markets closed, Juniper disclosed that the
Securities and Exchange Commission and the U.S. Department of Justice
“are conducting investigations into possible violations by the Company
of the U.S. Foreign Corrupt Practices Act.” Following this announcement,
the price of Juniper common stock fell $1.24 per share, or approximately
5.6%, to close at $20.92 per share on August 9, 2013, on unusually high
trading volume.
About Lieff Cabraser
Lieff Cabraser is a nationally recognized law firm committed to
advancing the rights of investors and promoting corporate responsibility.
Since 2003, the National Law Journal has selected Lieff Cabraser
as one of the top plaintiffs’ law firms in the nation.
For more information about Lieff Cabraser and the firm’s representation
of investors, please visit http://www.lieffcabraser.com.
Copyright Business Wire 2013