May 17, 2013 - The court granted the defendants' motion to dismiss with prejudice and denied the lead plaintiffs leave to amend. The court also entered a final judgement ordering the case closed.
September 17, 2012 - The defendants filed a motion to dismiss.

August 20, 2012 - The lead plaintiffs filed a second amended complaint.

July 23, 2012 - The court granted defendants' motions to dismiss and granted the lead plaintiff leave to amend the complaint.

March 14, 2012 - The defendants filed motions to dismiss.

February 13, 2012 - The lead plaintiffs filed an amended complaint.

January 9, 2012 - Lead plaintiffs and lead counsel were appointed.

October 17, 2011 - Lead plaintiff motions were filed.

August 15, 2011 - An investor in shares of Juniper Networks Inc (NYSE: JNPR) filed a lawsuit in the U.S. District Court for the Northern District of California against Juniper Networks Inc over alleged violations of Federal Securities Laws.

According to the complaint the plaintiff alleges on behalf of purchasers of Juniper Networks Inc (NYSE: JNPR) common stock during the period between July 20, 2010 and July 26, 2011, that Juniper Networks Inc and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between July 20, 2010 and July 26, 2011, materially false and misleading statements regarding its business practices and financial results.

Even though Juniper Network Inc's annual Total Revenue increased from $2.83billion in 2007 to $4.09billion in2010, its quarterly results decreased. Its quarterly Revenue fell from $1.18billion for the fourth quarter in 2010 to $1.12billion in the second quarter in 2011 and its quarter Net Income fell from $190.23million in the fourth quarter 2010 to $115.56million in the second quarter 2011.

Additionally even though shares of Juniper Networks Inc (NYSE: JNPR) rose from as low as $12.67 in March 09 to as high as $43.90 per share in February 2011, NYSE: JNPR stocks fell since February 2011 to slightly above $20.50 in the beginning of August 2011.

Specifically, the plaintiff claims that defendants repeatedly assured investors that Juniper Networks Inc was well positioned to deliver against its long-term model of 20% or higher revenue growth and 25% or higher operating margin, while allegedly failing to disclose negative trends in Juniper Network Inc's business.

The plaintiff alleges that as a result of defendants' false statements, NYSE: JNPR stock traded at artificially inflated prices between July 20, 2010 and July 26, 2011, reaching a high of $44.46 per share on March 8, 2011.

Then, after the market closed on July 26, 2011, Juniper Networks Inc issued a press release reporting its second quarter 2011 financial results. In addition, the Company provided its guidance for the third quarter of 2011 and lowered its revenue guidance for the full year to growth of between 12% to 14%. The plaintiff alleges that the second quarter 2011 financial results and revenue guidance were disappointing and its guidance is far below Juniper Network Inc's long-term model of 20% revenue growth.

Shares of Juniper Networks Inc (NYSE: JNPR) dropped from a close of $31.17 on July 26, 2011 to as low as $24.54 the very next day.