BigBand Networks controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2007
IPO-related securities class action
After BigBand's 2007 public offering, shareholders filed a class-action lawsuit alleging that the company and certain insiders had violated the Securities Act of 1933 by making misleading statements about revenue, financial health, and product offerings. The allegations also included claims that sales practices had inflated reported results before the offering. The case was settled in 2009 for $1.5 million.