San Diego, CA -- (SBWire) -- 11/01/2023 --An investigation was announced over potential breaches of fiduciary duties by certain directors and officers of Danaher Corporation.
Investors who are current long term investors in Danaher Corporation (NYSE: DHR) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NYSE: DHR stocks follows a lawsuit filed against Danaher Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: DHR stocks, concerns whether certain Danaher Corporation directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges on behalf of purchasers of Danaher Corporation (NYSE: DHR) common shares between April 21, 2022, and April 24, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 21, 2022, and April 24, 2023, the Defendants made false and/or misleading statements and/or failed to disclose that as the severity of the COVID-19 pandemic subsided, revenue growth associated with Danaher's COVID-19-related businesses was declining, that contrary to the Company's prior representations to investors, revenues associated with Danaher's non-COVID-19-related businesses were insufficient to compensate for the foregoing negative trend, that accordingly, Danaher overstated the Company's ability to sustain the growth it had experienced in 2020 and 2021, that as a result, it was unlikely that Danaher would be able to meet its 2023 revenue forecasts, and that as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Those who purchased shares of Danaher Corporation (NYSE: DHR) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Danaher Corporation (NYSE: DHR) Long Term Shareholder Alert: Investigation of Potential Wrongdoing
An investigation on behalf of current long term investors in Danaher Corporation (NYSE: DHR) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NYSE: DHR stockholders should contact the Shareholders Foundation.