Stock Symbol:
JNPR
Case Status:
Investigations
Ademi LLP is investigating Juniper (NYSE: JNPR) for possible breaches of fiduciary duty and other violations of law in its transaction with Hewlett Packard.
In the transaction, Juniper stockholders will receive only $40.00 per share, representing an equity value of approximately $14 billion. The transaction agreement unreasonably limits competing transactions for Juniper by imposing a significant penalty if Juniper accepts a competing bid. Juniper insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Juniper’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.