Press Releases
Goldfarb Branham Law Firm LLP Investigating Veraz Networks For Shareholders Due To U.S. Government Probe
Goldfarb Branham LLP is investigating Veraz Networks (NASDAQ: VRAZ) for shareholders due to a U.S. Government probe into violations of the Foreign Corrupt Practices Act. Concerned shareholders are urged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com for information about this investigation.
“Veraz recently settled an SEC complaint against the company for violating provisions of the Foreign Corrupt Practices Act,” stated attorney Hamilton Lindley. “The violations stemmed from improper payments made by Veraz to foreign officials in China and Vietnam. As a result, the company has paid a $300,000 settlement to the SEC and spent $2.5 million to investigate the FCPA violations.” Goldfarb Branham LLP is investigating a derivative lawsuit against company executives for allowing this scheme to occur. Derivative lawsuits often lead to restored confidence in companies involved in scandals and increased shareholder value. Contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com. Lawyers at Goldfarb Branham LLP have significant experience litigating derivative cases and other shareholder lawsuits nationwide.TheStreet Premium Services
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