[March 31, 2015]

POLYCOM ALERT: Johnson & Weaver, LLP Continues Its Investigation of Certain Officers and Directors of Polycom, Inc. Following SEC Settlement; Long Term Investors Encouraged to Contact the Firm

Shareholder rights law firm Johnson & Weaver, LLP today announced that it is continuing to investigate whether certain officers and directors of Polycom (News - Alert), Inc. (NASDAQ: PLCM) violated state or federal laws.

On March 31, 2015, it was revealed the SEC has filed a complaint alleging that former CEO, Andrew Miller (News - Alert), from 2010 through mid-2013, used nearly $200,000 in corporate funds for personal perks not disclosed to shareholders, to pay for lavish meals, foreign and domestic travel, clothing, gifts, and entertainment for himself, his relatives, and friends.

In one example, Miller allegedly directed his administrative assistant to buy him two tickets to an August 2012 Broadway musical. Miller received reimbursement for the $576.20 entertainment cost by falsely claiming the tickets were used as a prize for Polycom's New York sales office. In reality, Miller attended the show with his girlfriend. The SEC (News - Alert) also charged that, along with the tickets, Millerreceived reimbursement for more than $275 for dinner with his girlfriend after the musical.

As a result of the internal control issues regarding Miller's expenses, the SEC reached a $750,000 settlement with Polycom. Further, the SEC's Complaint against Miller alleges, in April 2013, Polycom filed a materially false and misleading proxy statement that omitted at least $115,683 of undisclosed perks received by Miller during fiscal year 2012, alone. If you feel that certain officers and directors should be held liable, you may have standing to hold the Company harmless from these damages if you have held Polycom shares continuously long term. You may also be able to assist in reforming Polycom's corporate governance to prevent future wrongdoing.

If you are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([email protected]) by email or by phone at 619-814-4471. If emailing, please include a phone number where you can be reached.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

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