Meru Networks Reports Inducement Award Under NASDAQ Rule 5635(c)(4)
September 10, 2013 at 16:03 PM EDT
Meru Networks (NASDAQ: MERU ), a leader in Wi-Fi networking, today reported that on September 9, 2013, it awarded Stock Units representing 120,000 shares of the Company's common stock to Ajay Malik, who joined the Company as Senior Vice President, Worldwide Engineering, effective August 20, 2013. The Stock Units