We are investigating Bruker Corporation (BRKR) (“Bruker” or the “Company”) for potential violations of the federal securities laws.
On February 28, 2020, Bruker disclosed that the Company’s Audit Committee had begun an internal investigation after receiving allegations of improper tax accounting relating to income tax matters, including the effective income tax rate for 2019. Then, on March 3, 2020, Bruker announced that it would not timely file its annual report for 2019, citing the internal investigation, and also disclosed that the scope of the investigation included the impact on the Company’s financial reporting and internal controls, including disclosure controls and procedures. Following these disclosures, Bruker’s stock price fell sharply, damaging investors.