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Bruker Corporation (NASDAQ: BRKR)

Securities Class Action

  • Date:
  • 5/6/2020
  • Company Name:
  • Bruker Corporation
  • Stock Symbol:
  • BRKR
  • Status:
  • Investigating

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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 investigations@bespc.com, telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The individual or institution below (“Plaintiff”) has reviewed and agrees to the Bragar Eagel & Squire, P.C. (“BESPC”) retainer agreement and authorizes BESPC to prosecute an action on Plaintiff’s behalf under the federal securities laws or applicable state laws to recover damages on behalf of investors in Bruker Corporation. BESPC will prosecute the action on a full contingency basis and will forward all costs and expenses.
 

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