LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Becton, Dickinson and Company (“Becton Dickinson” or “the Company”) (NYSE: BDX) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Becton Dickinson’s Alaris infusion pumps suffered from software errors and alarm issues. The Company invested its resources in remediation efforts instead of software upgrades to “make enhancements.” These software errors were likely to cause regulatory delays for the Company, and it would be forced to recall Alaris pumps from some customers. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Becton Dickinson, investors suffered damages.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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