NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Infinera Corporation ("Infinera" or the "Company") (NASDAQ:INFN) on behalf of Infinera stockholders. Our investigation concerns whether Infinera has violated the federal securities laws and/or engaged in other unlawful business practices.
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On February 29, 2024, Infinera disclosed that "the Company's management concluded that, as of December 31, 2022, there were material weaknesses in its internal control over financial reporting related to its revenue cycle, inventory cycle, and with respect ...