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Infinera Corp. (NASDAQ:INFN) Investor Investigation Concerning Potential Securities Laws Violations Announced

  • If you purchased shares of Infinera Corp. (NASDAQ:INFN), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Infinera Corp.
Security
NASDAQ: INFN

Summary

May 11, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Infinera Corp. (NASDAQ:INFN) shares over potential securities laws violations by Infinera and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Infinera Corp. (NASDAQ:INFN) concerning whether a series of statements by Infinera regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Infinera Corp. reported thart its Total Revenue rose from $668.08 million for the 12 months period that ended on December 27, 2014 to $886.72 million for the 12 months period that ended on December 26, 2015 and that its Net Income for those respective time periods increased from $13.66 million to $51.41 million.

On April 27, 2016, Infinera Corp. reported its first quarter 2016 financial results.

Shares of Infinera Corp. (NASDAQ:INFN) declined from as high as $24.12 per share in August 2015 to as low as $11.50 per share on May 3, 2016.

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