NEW YORK, Oct. 27, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Juniper Pharmaceuticals, Inc. ("Juniper" or the "Company") (NASDAQ: JNP), concerning whether the board has breached its fiduciary duties to shareholders.
On October 24, 2016, the Company disclosed that it would be required to restate its previously issued financial statements for the fiscal years 2013, 2014, and 2015, and each quarterly period therein, as well as the quarterly reports issued to date during 2016. According to the disclosure, the restatement is due to improper revenue recognition and was the result of a material weakness to the Company's internal controls.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Juniper shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP