New York City Employees' Retirement System v. Berry

ORDER DENYING DEFENDANT’S MOTION TO DISMISS

JAMES WARE, District Judge.

I. INTRODUCTION

Plaintiffs 1 bring this putative securities fraud class action on behalf of investors who acquired Juniper Networks, Inc. (“Juniper”) securities between January 15, 2003 and August 10, 2006 (the “Class Period”) against Lisa Berry (“Defendant”), a former General Counsel, Vice President, and Corporate Secretary of Juniper. Plaintiffs allege that, in her capacity as a Juniper executive, Defendant engaged in the backdating of stock options and falsification of financial statements, which resulted in the…