(SYK) NEWS: Did You Lose Money on Your Stryker Investment? Contact Johnson Fistel Regarding Investigation
SAN DIEGO, April 6, 2022 (Globe Newswire) Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Stryker Corporation (NYSE: SYK).
What is Johnson Fistel investigating? On April 6, 2022, Spruce Point Capital Management, LLC published a short-seller report on Stryker. In the report, Spruce Point states, “Finds Evidence That Stryker Has Failed to Disclose Inventory Accounting Challenges and Made Various Changes to Accounting Policies Designed to Flatter Its Performance, Using Greater Non-GAAP Adjustments to Portray Margin Stability and Earnings Growth”, and “Calls on Harvard Business School Dean and Stryker Audit Committee Member Srikant Datar to Evaluate Our Report with Independent Forensic Investigators.”
Following this report, the price of Stryker shares was down over 4% in early morning trading on April 6, 2022.
What actions may I take at this time? If you purchased Stryker securities and suffered significant losses on your investment, contact Johnson Fistel, LLP to submit your losses:
· Contact Lead Securities Analyst Jim Baker at jimb@johnsonfistel.com or (619) 814-4471
· Click or paste the following web address into your browser to join the investigation:
https://www.cognitoforms.com/JohnsonFistel/StrykerHoldingsInc3
For more information, visit our website at https://www.johnsonfistel.com/faq
There is no cost or obligation to you.
What if I have information relevant to the investigation? Individuals with nonpublic information regarding Stryker should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com