Aruba Networks Deflects Shareholder Suit Over Cisco Threat

SAN FRANCISCO - A federal judge cancels the securities fraud claims against a provider of wireless services in Silicon Valley on Monday, ruling there is no evidence the company or its executives have made false or misleading statements to shareholders.

The ruling is a victory for Wilson Sonsini Goodrich and Rosati lawyers representing lawyers had argued Inc.Plaintiffs Aruba Networks executives Sunnyvale company hides the threat posed by rival Cisco Systems Inc. But after giving the plaintiffs two possibilities to change its complaint, the district judge Vince Chhabria the Northern District of California dismissed the claim with statements made by prejudice.The Aruba executives, though perhaps a bit "squirrely, were not as harmful or misleading applicants will say, wrote in an order of five pages.

Plaintiffs lawyers Gold Bennett Cera and Sidener had accused the defendants of concealing the success of Cisco sales campaign, which included the price reduction, bundling your wired and wireless products and providing updates data centers. Aruba, which does not sell products with cable, could not compete with the supply of complete package Cisco promoted. However, plaintiffs attorneys wrote, executive Aruba kept his company was the leader of technology on Cisco, and said that we are winning almost every deal we see.

But Chhabria wrote that the plaintiffs have not presented any evidence of those boots were false and that Aruba was losing market share Cisco.Furthermore, Cisco was no secret was a formidable competitor, Chhabria written. Aruba executives told shareholders expect competition to intensify in the future, Cisco and listed as one of the largest and well established business partner competitors.Wilson Sonsini Ignacio Salceda and advice Diane Walters represent Aruba.