Milberg LLP is investigating Digi International Inc. (NASDAQ: DGII), after the resignation of Subramanian Krishnan, the company’s senior vice president, chief financial officer, and treasurer, amid internal investigations into alleged violations of the Foreign Corrupt Practices Act. Milberg’s investigation seeks to determine whether Digi International and its Board may have been involved with or had prior knowledge of any violations of the Foreign Corrupt Practices Act.
On May 10, 2010, Digi International disclosed an investigation into the alleged violations of the Foreign Corrupt Practices Act in its quarterly report filed with the Securities and Exchange Commission. The company disclosed that its audit committee is investigating allegations “regarding possible violations of our gifts, travel and entertainment policy in the Asia-Pacific region by a few employees” and examining internal control issues. The company disclosed Krishnan’s resignation on May 11, 2010.
If you currently hold Digi International common stock and wish to talk to a lawyer from Milberg LLP about this investigation, at no obligation to you, please complete the form to the right.
Milberg LLP has been representing individual and institutional investors for more than four decades and serves as lead counsel in federal and state courts throughout the United States. Please visit the Milberg website for more information about the Firm. If you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact the following attorney:
Andrei Rado, Esq.
arado@milberg.com
Milberg LLP
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New York, NY 10119-0165
Phone number: (800) 320-5081
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