Need Help? Call : (310) 914-5007
Need Help? Call : (310) 914-5007
Los Angeles — The Law Offices of Frank R. Cruz announces an investigation of Xylem Inc. (“Xylem” or the “Company”) (NYSE: XYL) on behalf of investors concerning the Company’s possible violations of federal securities laws.
On August 9, 2023, Spruce Point Capital published a report raising “concerns about the accuracy of the Company’s cash liquidity.” Spruce Point Capital also alleged, among other things, that it “identif[ied] new evidence of accounting machinations ahead of Xylem’s acquisition” of Evoqua Water Technologies Corp.
On this news, Xylem’s stock price fell $2.82, or 2.7%, to close at $102.00 per share on August 9, 2023, thereby injuring investors.
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If you purchased Xylem 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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.