Monday, August 27, 2007

Juniper Reaches Final Settlement with SEC

The Securities and Exchange Commission (SEC) authorized a final settlement with Juniper Networks regarding the previously-disclosed SEC inquiry into the company's historical stock option granting practices. Without admitting or denying the allegations in the SEC's complaint, Juniper Networks has agreed to settle the charges by consenting to a permanent injunction against any future violations of the antifraud, reporting, books-and-records and internal control provisions of the federal securities laws. No monetary penalties were assessed against the company.


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