Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Zebra Technologies Corporation (NASDAQ: ZBRA) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Zebra Technologies Corporation (NASDAQ: ZBRA) concerning whether a series of statements by Zebra Technologies Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
In April 2014, the Company revealed the acquisition of its competitor Motorola Incorporated’s Enterprise division. The Company, as a result of the acquisition, encountered monumental costs of integration of the Motorola business, but concealed such costs, and instead advertised cost savings resulting from the merger. Zebra Technologies was required to spend $200 million to integrate the Motorola business. The Company restated its financial reporting for all of 2015 and the first two quarter of 2016, due to the falsely reported synergy and integration costs.
Based in Lincolnshire, Illinois, and founded in 1969 Zebra Technologies Corporation designs, manufactures, and sells a range of automatic identification and data capture products worldwide.
If you purchased shares of Zebra Technologies Corporation (NASDAQ: ZBRA) you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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