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Law Practice

Nov. 20, 2007

JDS Didn't Anticipate Downturn, Lawyer Argues

OAKLAND - The story of one of the tech boom's biggest flameouts is ending in a federal courtroom where plaintiffs' attorneys are trying to convince jurors that shareholders lost billions of dollars while JDS Uniphase executives cashed in millions in company stock.

By Adam Gorlick
Daily Journal Staff Writer

      OAKLAND - The story of one of the tech boom's biggest flameouts is ending in a federal courtroom where plaintiffs' attorneys are trying to convince jurors that shareholders lost billions of dollars while JDS Uniphase executives cashed in millions in company stock.
      At its peak in July 2000, JDS stock was trading at more than $1,000 a share....

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