The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Becton, Dickinson and Company Investors (BDX)
February 07 2020 - 12:00PM
Business Wire
The Law Offices of Frank R. Cruz announces an investigation on
behalf of Becton, Dickinson and Company (“Becton” or the “Company”)
(NYSE: BDX) 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 February 6, 2020, Becton lowered its fiscal 2020 guidance,
expecting revenue to increase by only 1.5 to 2.5 percent, "to
reflect the impact of the remediation effort and anticipated loss
of sales of the Alaris infusion system." According to the Company,
the software remediation plan for the Alaris system "will require
additional regulatory filings," and existing customers would have
"access to the Alaris System under medical necessity."
On this news, Becton's share price fell $33.74, or nearly 12%,
to close at $252.25 per share on February 6, 2020, on unusually
heavy trading volume.
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If you purchased Becton 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
info@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/20200207005089/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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