Shareholders Foundation, Inc.

JDS Uniphase Corp (NASDAQ:JDSU) Investor Alert: Investigation over Potential Excessive Executive Pay

An investigation for JDS Uniphase Corp (NASDAQ:JDSU) investors over potential breaches of fiduciary duties by certain directors of JDS Uniphase Corp was announced and current long-term NASDAQ:JDSU stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (ReleaseWire) -- 10/09/2012 -- An investigation on behalf of investors in shares of JDS Uniphase Corp (NASDAQ:JDSU) was announced concerning whether certain officers and directors of JDS Uniphase Corp breached their fiduciary duties by paying certain top officials at JDS Uniphase Corp excessive compensation.

Investors who are current long-term stockholders of shares of JDS Uniphase Corp (NASDAQ:JDSU), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether certain directors and officers of JDS Uniphase Corp harmed the company by agreeing to pay certain of JDS Uniphase’s senior officers and executives excessive compensation.

JDS Uniphase Corp (NASDAQ:JDSU) reported that its Total Revenue fell from over $1.8 billion for the 52 weeks period that ended on July 2, 2011 to over $1.68 billion for the 52 weeks period that ended on June 30, 2012 and its Net Income fell from $71.60 million for the 52 weeks period that ended on July 2, 2011 to a Net Loss of $55.60 million billion for the 52 weeks period that ended on June 30, 2012.

Shares of JDS Uniphase Corp (NASDAQ:JDSU) fell from as high as $28.16 per share in February 2011 to as low as $9.00 per share in July 2012.

The total compensation of certain to officials increased from 2010 to 2012. For instance the CEO and President’s total pay rose from over $2.31 million in 2010 to over $5.77 million in 2012, and the Executive VO and CFO’s compensation increased from over $1.05 million in 2010 to over $1.71 million in 2012.

On October 8, 2012, NASDAQ:JDSU shares closed at $10.88 per share.

Those who are current long-term stockholders of JDS Uniphase Corp (NASDAQ:JDSU) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Joelle Day
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com