NYC Pension Funds To Lead Class In Juniper Action

Law360, New York (September 28, 2009, 6:28 PM EDT) -- A federal judge has appointed the New York City Pension Funds as lead plaintiff in a securities class action seeking damages for stock options backdating at information technology company Juniper Networks Inc.

The appointment of the pension fund came as part of Judge James Ware's Sept. 25 order certifying a class of plaintiffs in the U.S. District Court for the Northern District of California. In it, the judge approved a class of plaintiffs made up of individuals and entities who purchased Juniper securities between July 11,...
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