Defendant Name:
Juniper Networks, Inc.
Defendant Type:
Public Company
SIC Code:
3577
CUSIP:
48203R10
Document Reference:
34-86812
Document Details
Legal Case Name
In the Matter of Juniper Networks, Inc.
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
29-Aug-2019
Document Format
Administrative Proceeding
AAER
4069
Allegation Type
Foreign Corrupt Practices Act
Document Summary
On August 29, 2019, the SEC instituted settled administrative and cease and desist proceedings against Juniper Networks, Inc. ("Juniper"). The SEC stated: "These proceedings arise out of Juniper's violations of the internal accounting controls and recordkeeping provisions of the Foreign Corrupt Practices Act of 1977 (the "FCPA") . . . , through its subsidiaries operating in Russia and China."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$4,000,000.00
Shared:
Civil Penalty
Individual:
$6,500,000.00
Shared:
Pre-Judgment Interest
Individual:
$1,245,018.00
Shared:
Total Penalty
Individual:
$11,745,018.00
Shared:
