New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 19, 2013
06:10 EDTBRKRBruker sees FY13 non-GAAP EPS growth of 6%-10%, consensus 90c
Sees FY13 revenue growth of 4%-5%, consensus $1.85B.
News For BRKR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 18, 2014
06:21 EDTBRKRBruker downgraded to Sell from Neutral at Goldman
Subscribe for More Information
December 15, 2014
14:03 EDTBRKRBruker comments on SEC findings, confirms $2.4M settlement
Bruker said in a filing that on December 15, Bruker Corporation resolved the investigation of the SEC into the company’s possible violations of the Foreign Corrupt Practices Act arising from past conduct of the company’s subsidiaries operating in China. In August 2011, as disclosed since that time in periodic reports filed with the SEC, Bruker made a voluntary disclosure to the United States DOJ and the SEC of the results of an investigation by the Audit Committee of its Board of Directors regarding these matters and it has have cooperated with the DOJ and SEC in connection with their investigations. Effective December 15, the company consented to the entry of an administrative cease-and-desist order by the SEC concerning violations of the books and records and internal controls provisions of the FCPA. Pursuant to the Order, Bruker will pay an aggregate amount of approximately $2.4M, consisting of $1,714,852 in disgorgement, $310,117 in prejudgment interest, and a $375,000 penalty. The amounts to be paid by the company was fully accrued as of September 30. The company consented to the Order without admitting or denying the SEC findings. In the Order, the SEC recognized the company’s “extensive, thorough, and real-time cooperation with the Commission.” Further, the Order notes that in determining the settlement amount, the SEC considered “remedial acts promptly undertaken by Bruker and the significant cooperation it afforded to the Commission staff.”
13:29 EDTBRKRBruker to pay approximately $2.4M to settle SEC charges of FCPA violations
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use