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Investigation for investors in NASDAQ: BRKR shares announced over potential Securities Laws Violationsby Bruker Corporation

03-11-2020 10:47 PM CET | Politics, Law & Society

Press release from: Shareholders Foundation

An investigation for investors in Bruker Corporation (NASDAQ: BRKR) shares over potential securities laws violations by Bruker.

An investigation for investors in Bruker Corporation (NASDAQ: BRKR) shares over potential securities laws violations by Bruker.

Bruker Corporation is under investigation over potential securities laws violations by Bruker Corporation in connection with certain financial statements.

Investors who purchased shares of Bruker Corporation (NASDAQ: BRKR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether certain statements by Bruker Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Billerica, MA based Bruker Corporation manufactures and distributes scientific instruments, and analytical and diagnostic solutions in the United States, Europe, the Asia Pacific, and internationally. The company operates in two segments, Bruker Scientific Instruments, and Bruker Energy & Supercon Technologies.

On February 28, 2020, Bruker Corporation disclosed 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, Bruker Corporation announced that the Company's Annual Report for the year ended December 31, 2019 would be delayed pending completion of the internal investigation, and the Company's "ongoing assessment of the impact on financial reporting and internal controls, including disclosure controls and procedures."

Shares of Bruker Corporation (NASDAQ: BRKR) declined from $54.49 per share in January 2020 to as low as $38.85 per share on March 11, 2020.

Those who purchased shares of Bruker Corporation (NASDAQ: BRKR) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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