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Violation Tracker Individual Record

Company: Juniper Networks Inc.
Current Parent Company: Juniper Networks
Penalty: $3,000,000
Year: 2024
Date: February 5, 2024
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: Juniper Networks agreed to pay $3 million to settle allegations it charged excessive administrative fees and included overpriced investment options in its 401(k) plan.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:21-cv-06213
Case Name: Reichert v. Juniper Networks, Inc. et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic equipment
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.