Press release
Investigation announced for Investors in Stericycle, Inc. (NASDAQ: SRCL) over possible Violations of Securities Laws
An investigation for investors in Stericycle, Inc. (NASDAQ: SRCL) shares over potential securities laws violations by Stericycle,
Investors who purchased shares of Stericycle, Inc. (NASDAQ: SRCL), 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 possible claims on behalf of purchasers of the securities of Stericycle, Inc. (NASDAQ: SRCL) concerning whether a series of statements by Stericycle, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Bannockburn, IL based Stericycle, Inc., together with its subsidiaries, provides regulated and compliance solutions in the United States, Europe, and internationally.
Stericycle, Inc. reported that its annual Total Revenue declined from over $2.67 billion in 2020 to over $2.64 billion in 2021, and that its Net Loss declined from $57.3 million in 2020 to $27.8 million in 2021.
On April 20, 2022, it was announced that Stericycle had agreed to pay over $84 million to resolve investigations by U.S. and Brazilian regulators regarding the bribery of officials in multiple countries between 2011 and 2016.
Shares of Stericycle, Inc. (NASDAQ: SRCL) declined from $59.68 in early April 2022 to as low as $40.35 per share on June 23, 2022.
Those who purchased shares of Stericycle, Inc. (NASDAQ: SRCL) have certain options and should contact the Shareholders Foundation.
Contact:
Christopher Clausen
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 lawsuits, 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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