Corporate
Nov. 29, 2007
JDS Uniphase Repels Suit by Shareholders
An Oakland jury on Tuesday cleared JDS Uniphase Corp. and four former executives on all counts in a shareholder class action that sought $20 billion in damages.
Daily Journal Staff Writer
An Oakland jury on Tuesday cleared JDS Uniphase Corp. and four former executives on all counts in a shareholder class action that sought $20 billion in damages.
The complaint said the executives made rosy sales projections and took away tens of millions of dollars from insider stock trades while demand for its product was actually flaggi...
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