The Law Offices of Frank R. Cruz Continues its Investigation on Behalf of Brooks Automation, Inc. Investors (BRKS)
January 07 2020 - 7:33PM
Business Wire
The Law Offices of Frank R. Cruz continues its investigation on
behalf of Brooks Automation, Inc. (“Brooks Automation” or the
“Company”) (NASDAQ: BRKS) investors concerning the Company and its
officers’ possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
On December 2, 2019, Brooks Automation disclosed that it could
not timely file its fiscal 2019 annual report due to a review of
revenue recognition with respect to products in its Semiconductor
Solution Group and similar transactions. The Company also revealed
that it would report a material weakness in the financial reporting
of the Brooks Life Sciences segment related to price and quantity
of certain billings.
On this news, Brooks Automation’s share price fell $3.16 per
share, or 7.06%, to close at $41.61 per share on December 2, 2019,
thereby injuring investors.
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If you purchased Brooks Automation securities, have information
or 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 Frank R. Cruz, of The
Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100,
Los Angeles, California 90067 at 310-914-5007, by email to
fcruz@frankcruzlaw.com, or visit our website at
www.frankcruzlaw.com. If you inquire by email please include your
mailing address, telephone number, and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20200107006136/en/
The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz,
310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com
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