Back to Newsroom
Back to Newsroom

Levi & Korsinsky Reminds Shareholders of an Investigation into Brookfield Business Partners L.P. (BBU) Regarding Potential Securities Fraud Allegations

Thursday, 26 September 2024 07:25 AM

Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / September 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Brookfield Business Partners L.P. ("Brookfield Business Partners L.P.") (NYSE:BBU) concerning possible violations of federal securities laws.

Brookfield purchased CDK Global ("CDK"), a provider of software to car dealerships, for $6.41 billion in April 2022. The Company's CDK unit announced on June 19, 2024, that it was investigating a cyberattack that resulted in it proactively shutting down all of its systems. This action caused massive disruption for car dealerships across North America. CDK later admitted the cyberattack and also that it was hacked a second time as it tried to restore its services. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. To obtain additional information, go to:

https://zlk.com/pslra-1/brookfield-business-partners-l-p-lawsuit-submission-form?prid=105252&wire=1

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

Topic:
Class Action
Back to newsroom
Back to Newsroom

Contact Us Today


If you have questions or want to learn more about our products, our team’s here to help!

Share by: