Shuman & Berens LLP Encourages Persons Who Currently Own Finisar Corp. Common Stock to Consider Their Legal Options Concerning Possible Stock Option Backdating at the Company


DENVER, Dec. 8, 2006 (PRIME NEWSWIRE) -- The law firm of Shuman & Berens LLP (www.shumanberens.com) today encouraged persons who currently own the common stock of Finisar Corp. (Nasdaq:FNSR) to contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483 or via email at kip@shumanberens.com, concerning their rights and interests regarding possible stock option backdating at the company.

Shuman & Berens LLP is investigating allegations concerning potentially improper backdating of Finisar Corp. stock options granted to company employees. On November 30, 2006, the company announced that it would likely restate its financial results going back to its November 1999 initial public offering to correct it stock option accounting. The company also stated that it is likely that measurement dates of certain stock option grants differed from their recorded dates.

For a free consultation regarding your rights and interests with respect to your Finisar Corp. stockholdings, you may contact Kip B. Shuman of Shuman & Berens LLP at 1-800-711-6483, or via email at kip@shumanberens.com.

Shuman & Berens LLP's attorneys have extensive experience in prosecuting shareholder litigation and have played significant roles in securities actions throughout the nation. For more information about Shuman & Berens LLP go to www.shumanberens.com.



            

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