Press Releases

Notice to All Current and Former Employees of Juniper Networks, Inc. Concerning Class Action Lawsuit From Securities Law Firm of Tramont Guerra Nunez, PA

Coral Gables, Florida (PRWEB) August 30, 2011 - The Securities Law Firm of Tramont Guerra & Nunez, P.A. (TGN) provides notice to all current and former employees concerning the Juniper Networks class action lawsuit (Case No. 11-CV-04003) filed August 15, 2011 in the United States District Court of the Northern District of California for the class period from July 20, 2010 to July 26, 2011. According to the class action lawsuit, "Defendants repeatedly assured investors that Juniper was well positioned to deliver against its long-term model of 20% or higher revenue growth and 25% or higher operating margin." The class action lawsuit alleges, "As a result of defendant's false statements, Juniper's stock traded at artificially inflated prices during the Class Period, reaching a high of $44.46 per share on March 8, 2011." TGN urges current and former employees who acquired Juniper Network stock through participation in employer sponsored stock option, bonus and employee purchase programs, which resulted in a concentrated stock position held with full-service brokerage firms, to consider what recourse is available to recover their investment losses. The Financial Industry Regulatory Authority, (FINRA) is a self regulating organization with sales practice rules and regulations that govern the securities industry's conduct and safeguard the investing public. Furthermore, an individual securities arbitration claim may allow investors to claim larger losses in Juniper Network stock based on higher market values that prevailed prior to the class period.

According to TGN, many current and former employees of Juniper Networks who held company stock with full-service brokerage firms were not educated about the risks associated with maintaining a concentrated stock position. Full-service brokerage firms are obligated to give, and investors are entitled to rely upon, brokerage firms for competent, suitable investment advice for securities held in customer accounts. Brokerage firms are required to supervise the activities in brokerage accounts, losses may be attributed to the failure to adequately supervise the stockbroker and the brokerage account. Recommendations which result in unsuitable investment advice and/or failure to recommend appropriate risk management strategies for unprotected concentrated stock positions are both causes of action that may be available to investors against their full-service brokerage firm in an individual securities arbitration claim filed with FINRA.

The Securities Law Firm of Tramont Guerra & Nunez, PA, is a nationally recognized, Martindale Hubbell "AV" rated securities law firm. To request a confidential consultation from a TGN attorney to determine whether you have a viable individual securities arbitration claim for investment losses that exceed $250,000 from a full service brokerage account, contact us on our website. To speak directly with an attorney, call (800) 578-0137 and ask for David Chacin, Esquire.

Contact:
David Chacin, Esquire
255 Alhambra Circle, Suite 1150
Coral Gables, Florida 33134
(800) 578-0137

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