Lowey Dannenberg Succeeds In Certifying Class Action On Behalf of Juniper Investors

Case Abstract
Lowey Dannenberg and its clients, a group of major municipal pension funds, have been appointed by the U.S. District Court for the Northern District of California to represent a class of investors suing Juniper Networks, Inc. and certain of its present and former officers for backdating grants of stock options to corporate insiders and overstating the company's financial statements by failing to account for the options properly.

Current Status
Court granted Lead Plaintiffs' Motion for Class Certification. See In re Juniper Networks, Inc. Sec. Litig., 264 F.R.D. 584 (N.D. Cal. 2009).