TITLE

BigBand's Sour Notes

AUTHOR(S)
Medford, Cassimir
PUB. DATE
December 2007
SOURCE
Red Herring;12/1/2007, Vol. 4 Issue 30, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article deals with the shareholder lawsuit filed against video switch maker BigBand Networks. The class action suit, filed in U.S. District Court in Northern California, alleges that the company knew its switches required significant software customization, but failed to disclose that in its initial public offering filing. The suit also charges that BigBand shipped excess amounts of TelcoTV inventory to customers such as Verizon which reduced future demand for its products.
ACCESSION #
28819235

 

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