Baker Hughes Company (BKR)


BAKER HUGHES INVESTOR ALERT

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Baker Hughes Company To Contact Him Directly To Discuss Their Options

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Baker Hughes Company (“Baker Hughes” or the “Company”) (NYSE:BKR).

If you suffered losses exceeding $50,000 investing in Baker Hughes stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also fill out the form below for additional information. 

There is no cost or obligation to you. 

On February 25, 2021, after market hours, Baker Hughes filed its annual report with the SEC. In the report, Baker Hughes revealed that, in December of 2020, the SEC had notified Baker Hughes of an investigation into the Company “related to its books and records and internal controls regarding sales of its products and services in projects impacted by U.S. sanctions.” Baker Hughes also revealed that it had also initiated an internal review “regarding internal controls and compliance related to U.S. sanctions requirements.”

On this news, Baker Hughes share prices fell by $0.25 to close at $24.48 on February 26, 2021 on heavy trading volume. Over the next several trading days, Baker Hughes shares continued to trade at unusually high volumes, and the price dropped as low as $23.00 per share on March 4, 2021.
 

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Baker Hughes Company (BKR)

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Details

Filed on 03/22/2021

Ticker NYSE:BKR

Office

685 Third Avenue 26th Floor

10017 New York, New York

Phone (212) 983-9330

Fax (212) 983-9331

Counsel

Robert W. Killorin rkillorin@faruqilaw.com Phone (404) 847-0617 Fax (404) 506-9534

James M. Wilson, Jr. jwilson@faruqilaw.com Phone (212) 983-9330 Fax (212) 983-9331

Finding us

Our Offices


Our offices are nationwide. If you have any questions about a case or our firm, please contact us.

New York

685 Third Avenue 26th Floor
New York, New York 10017
(212) 983-9330
(877) 247-4292
(212) 983-9331

California

10866 Wilshire Boulevard Suite 1470
Los Angeles, California 90024
(424) 256-2884
(424) 256-2885

Delaware

3828 Kennett Pike Suite 201
Wilmington, Delaware 19807
(302) 482-3182
(302) 482-3612

Georgia

3975 Roswell Rd Suite A
Atlanta, Georgia 30342
(404) 847-0617
(404) 506-9534

Pennsylvania

1617 JFK Boulevard, Suite 1550
Philadelphia, Pennsylvania 19103
(215) 277-5770
(215) 277-5771

Faruqi & Faruqi office in New York, New York

Faruqi & Faruqi office in Los Angeles, California

Faruqi & Faruqi office in Wilmington, Delaware

Faruqi & Faruqi office in Atlanta, Georgia

Faruqi & Faruqi office in Philadelphia, Pennsylvania