JDSU Goes to Court
Meanwhile, back home, the JDSU (Nasdaq: JDSU; Toronto: JDU) court case is in full swing.
We're talking about a shareholder suit over whether JDSU knew in 2000 that the telecom crash was coming. Companies usually settle these cases, but JDSU has decided to go to court.
Here's the Associated Press's take on the action.
— Craig Matsumoto, West Coast Editor, Light Reading