According to the SEC’s order, certain sales employees of Juniper’s Russia subsidiary secretly agreed with third-party distributors to fund leisure trips for customers, including government officials through the use of off-book accounts. Even after a member of Juniper’s senior management learned of the misconduct in Russia, the order states, Juniper’s remedial efforts were ineffective, and the misconduct continued for over three years. Additionally, the order finds that, certain sales employees of Juniper’s Chinese subsidiaries falsified trip and meeting agendas for customer events to understate the true amount of entertainment involved in the trips.
Juniper Networks Inc. is an American multinational corporation headquartered in California. It develops and markets networking products, including network security, routers, switches and other products.