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SAP SE (NYSE: SAP)

Case Details

Join The Class Action

This investigation is for anyone who acquired securities in SAP SE (NYSE: SAP) prior to September 24, 2024.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company complied with all applicable laws but then by illegally overcharging U.S. Government agencies.

On September 24, 2024, Bloomberg reported that the U.S. Department of Justice has been investigating SAP since 2022 “for potentially conspiring to overcharge government agencies,” specifically by “fix[ing] prices on sales to the US military and other parts of the government[.]” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in SAP SE (NYSE: SAP) prior to September 24, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.