|Company name||Bruker Corporation|
NEW YORK, March 6, 2020 –Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Bruker Corporation (NASDAQ: BRKR) on behalf of Bruker stockholders. Our investigation concerns whether Bruker has violated the federal securities laws and/or engaged in other unlawful business practices.
On February 28, 2020, Bruker revealed that the Company’s Audit Committee had begun an internal investigation after receiving allegations of improper tax accounting relating to income tax matters, including the effective income tax rate for 2019.
Then, on March 3, 2020, the Company reported that it could not timely file its annual report for 2019, citing the internal investigation, and that the scope of the investigation included the impact on the Company’s financial reporting and internal controls, including disclosure controls and procedures.
On this news, the Company’s share price fell sharply, to close at $44.91 per share on March 3, 2020.
If you purchased or otherwise acquired Bruker shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato or Marion Passmore or by email at email@example.com, telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.