Danaher Corporation Requests to Dismiss Class Action Filed by Investors

Court: D. District Columbia

Case: 1:23-cv-02055

Danaher Corporation has requested the court to dismiss the lawsuit filed by investors. The court will determine whether the case proceeds.

What is this lawsuit about?

On April 25, 2023, Danaher Corporation announced its financial results for Q1 2023. They reported a revenue decrease of 7% year-over-year, with a 4% non-GAAP core revenue decrease. Danaher claimed it was due to the impact of lower COVID-19 revenue.

Following this, DHR dropped over 8.79%.

Then, on July 17, 2023, shareholders filed a claim against Danaher Corporation.

What can you do to recover your losses now?

We’re keeping track of all updates and will notify DHR investors about potential recovery.

More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.