Infinera Corporation (INFN) Stock Lawsuit Investigation 

At a glance

  • What is the Infinera Securities Class Action Lawsuit Investigation about? 

    Gibbs Law Group is investigating potential legal claims on behalf of Infinera investors.
  • What did Infinera do wrong? 

    We are investigating whether Infinera has violated federal securities laws by providing false or misleading statements to investors. 
  • What do you get out of this?

    This potential lawsuit seeks to help Infinera shareholders recover their investment losses.   

Lost Money in Infinera?

You may be eligible to recover your losses. Get a free and confidential consultation.

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Why did Infinera stock drop?

On February 29, 2024, Infinera filed an amended annual financial report which revealed 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 to these, its internal resources, expertise and policies required to maintain an effective control environment.”

Then, on March 6, 2024, the company announced that its Chief Legal Officer “will no longer serve as an executive officer of the Company.”

Following this news, the stock plunged over 11% on March 7th, 2024, causing harm to investors.


Our Securities Lawyers Have a Winning Record Against Companies Like Infinera

Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. Read more about our results.

You “shouldn’t presume that powerful banks and other powerful interests can just get away with doing bad things. Good, qualified counsel that are committed to a cause can usually figure out how to prosecute such cases effectively and prevail.”

Eric Gibbs, award-winning securities attorney

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Federal judge in our Chase lawsuit (resulting in $100 million settlement):

They “fought tooth and nail, down to the wire” to achieve “the best settlement that they could under the circumstances.”

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