BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of SAP SE (“SAP” or the “Company”) (NYSE: SAP) investors concerning the Company’s possible violations of federal securities laws.
On September 24, 2024, Bloomberg reported that the U.S. Department of Justice has been investigating SAP since 2022 “for potentially conspiring to overcharge government agencies,” specifically by “fix[ing] prices on sales to the US military and other parts of the government[.]”
On this news, SAP’s stock price fell $8.43, or 3.7%, to close at $222.57 per share on September 25, 2024, thereby injuring investors.
If you purchased SAP 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
