Options Scandal Leads To $900M Restatement
The restatement, one of the largest to come out of the options backdating scandal, covers the period from 1999 to 2003. In a report compiled by the internal audit team, the inaccurate financial statements are blamed on unnamed former executives.
Juniper CEO Scott Kriens apologized for the massive earnings revision.
“As the leader of this company, I would like to express...
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