The Wagner Firm announces that it is investigating the board of directors of Polycom, Inc. (“Polycom”) (NASDAQ:PLCM) concerning possible breaches of fiduciary duty. The investigation is focused on a recent settlement between Polycom and the Securities and Exchange Commission that arises out of the failure to disclose hundreds of thousands of dollars in personal perks received by the Company’s former CEO, Andrew Miller, and pursuant to which the Company will pay a $750,000 civil penalty.
If you are a shareholder of Polycom and wish to learn more about this investigation, please contact Avi Wagner, Esquire, of The Wagner Firm, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (310) 491-7949, by e-mail at info@thewagnerfirm.com, or visit our website at http://thewagnerfirm.com.
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Contacts:
Avi Wagner, (310) 491-7949
info@thewagnerfirm.com
www.thewagnerfirm.com