BRKS LOSSES ALERT: Bernstein Liebhard LLP Announces its Investigation of Brooks Automation, Inc.
December 02 2019 - 3:09PM
Business Wire
Bernstein Liebhard, a nationally acclaimed investor rights law
firm, is investigating potential securities fraud claims on behalf
of shareholders of Brooks Automation, Inc. (“Brooks” or the
“Company”) (NASDAQ: BRKS) resulting from allegations that Brooks
might have issued misleading information to the investing
public.
If you purchased Brooks securities, and/or would like to
discuss your legal rights and options please visit Brooks
Shareholder Class Action Investigation or contact Matthew E.
Guarnero toll free at (877) 779-1414 or
MGuarnero@bernlieb.com.
On December 2, 2019, Brooks disclosed that it could not timely
file its fiscal 2019 annual report due to a review of revenue
recognition. The review was focused on the timing of revenue
recognition with respect to product shipped from one of the
Company's contract manufacturers within the Company's Semiconductor
Solutions Group. 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' share price fell sharply during intraday
trading on December 2, 2019, thereby injuring investors.
If you purchased Brooks securities, and/or would like to
discuss your legal rights and options please visit
https://www.bernlieb.com/cases/brooksautomationinc-brks-shareholder-class-action-lawsuit-stock-fraud-227/apply/
or contact Matthew E. Guarnero toll free at (877) 779-1414
or MGuarnero@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5
billion for its clients. In addition to representing individual
investors, the Firm has been retained by some of the largest public
and private pension funds in the country to monitor their assets
and pursue litigation on their behalf. As a result of its success
litigating hundreds of lawsuits and class actions, the Firm has
been named to The National Law Journal’s “Plaintiffs’ Hot List”
thirteen times and listed in The Legal 500 for ten consecutive
years.
ATTORNEY ADVERTISING. © 2019 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New York 10016, (212) 779-1414. The
lawyer responsible for this advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
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version on businesswire.com: https://www.businesswire.com/news/home/20191202005939/en/
Matthew E. Guarnero Bernstein Liebhard LLP
http://www.bernlieb.com (877) 779-1414 MGuarnero@bernlieb.com
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