INVESTOR ALERT: Tostrud Law Group, PC Announces Investigation of Brooks Automation, Inc. (BRKS) on Behalf of Investors
March 19 2020 - 5:22PM
Business Wire
Tostrud Law Group, PC announces an investigation on behalf
Brooks Automation, Inc. (“Brooks Automation” or the “Company”)
(NASDAQ: BRKS) investors concerning the Company and its officers’
possible violations of federal securities laws.
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.
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 Jon A. Tostrud of
Tostrud Law Group, PC by telephone at (310) 278-2600, toll-free at
(855) 854-8678, or by email to shareholder@tostrudlaw.com, or visit
our website at http://tostrudlaw.com/.
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/20200319005824/en/
Tostrud Law Group, PC Jon A. Tostrud, Esquire 1925 Century Park
East, Suite 2100 Los Angeles, CA 90067 310-278-2600 855-854-8678
shareholder@tostrudlaw.com http://tostrudlaw.com/
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