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Investigation announced for Investors in shares of Becton, Dickinson and Company (NYSE: BDX) over potential Wrongdoing

05-22-2020 02:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Becton, Dickinson and Company (NYSE: BDX) shares.

An investigation on behalf of current long term investors in Becton, Dickinson and Company (NYSE: BDX) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Becton, Dickinson and Company.

Investors who are current long term investors in Becton, Dickinson and Company (NYSE: BDX) shares, 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 for current long term investors in NYSE: BDX stocks follows a lawsuit filed against Becton, Dickinson and Company over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: BDX stocks, concerns whether certain Becton, Dickinson and Company directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges that the defendants failed to disclose to investors that certain of Becton's Alaris infusion pumps experienced software errors and alarm prioritization issues, that, as a result, the Company was investing in remediation efforts to address these product issues, rather than a software upgrade to "make enhancements", that the Company was reasonably likely to face regulatory delays in connection with the software remediation, that, as a result of the foregoing, Becton was reasonably likely to recall certain of its Alaris infusion pumps, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

Those who purchased shares of Becton, Dickinson and Company (NYSE: BDX) 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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