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August 01, 2008

Finkelstein Thompson LLP Investigates Harris Stratex Restatement

On July 30, 2008, Harris Stratex Networks, Inc. (Nasaq: HSTX) announced it had discovered accounting errors which would require it to restate earnings over four fiscal years – that is, for fiscal 2008, 2007, 2006, and 2005. The company also stated higher costs would lead it to miss its previously stated earnings target for fiscal 2008. Harris Stratex's share price dropped on this news, losing as much as 25% of its value in the first hour of trading the day after the restatement was announced.

Finkelstein Thompson LLP welcomes inquiries from Harris Stratex shareholders concerning their rights and interests in connection with this matter. Interested shareholders can reach Finkelstein Thompson's Washington, D.C. office at (877) 337-1050 or by email at This email address is being protected from spam bots, you need Javascript enabled to view it .