Glancy Prongay & Murray LLP Announces Investigation on Behalf of Brooks Automation, Inc. Investors
LOS ANGELES--(BUSINESS WIRE)--Dec 2, 2019--
Glancy Prongay & Murray LLP (“GPM”) announces an 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.
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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 sharply during intraday trading 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 Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to email@example.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20191202005932/en/
CONTACT: Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley F. Portnoy, 310-201-9150 or 888-773-9224
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES
SOURCE: Glancy Prongay & Murray LLP
Copyright Business Wire 2019.
PUB: 12/02/2019 04:30 PM/DISC: 12/02/2019 04:30 PM