ATLANTA, GA – – (Globe Newswire – March 11, 2024) – – Holzer & Holzer, LLC is investigating whether Infinera Corporation (“Infinera” or the “Company”) (NASDAQ: INFN) complied with federal securities laws. On February 29, 2024, Infinera disclosed that “as of December 31, 2022, there were material weaknesses in our internal control over financial reporting related to our revenue cycle, inventory cycle, and with respect to these, our internal resources, expertise and policies required to maintain an effective control environment. As a result, our internal control over financial reporting was not effective, as of December 31, 2022, and continues to be ineffective, and these material weaknesses are not remediated as of the date of the filing of this Amendment.” Following this news, the Company’s stock price declined.

If you purchased Infinera stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at  cholzer@holzerlaw.com  or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at https://holzerlaw.com/case/infinera/ discuss your legal rights.