Investor Alert: Ademi & O'Reilly, LLP Investigates Possible Securities Fraud of Baxter International Inc.

MILWAUKEE, Oct. 24, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating possible securities fraud claims against Baxter (NYSE: BAX) resulting from inaccurate statements Baxter made regarding its internal controls, business practices, financial statements and prospects.

Click here to learn more about the investigation: http://ademilaw.com/case/baxter-international-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

The investigation focuses on whether Baxter issued false and misleading statements regarding its internal controls, business practices and prospects.  Specifically, Baxter's intra-company transactions undertaken for the purpose of generating forex gains and losses, that used a forex rate convention did not comply with Generally Accepted Accounting Principles. The result was certain misstatements in numbers reported in the period stretching from 2014 through the first half of 2019. Baxter's audit committee is overseeing the probe with the help of independent external advisers and has voluntarily disclosed the probe to the SEC.  

If you wish to obtain additional information or have information about this investigation of Baxter, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, http://ademilaw.com/case/baxter-international-inc.                    

We specialize in securities fraud and shareholder litigation.  For more information, please feel free to call us.  Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Ademi & O'Reilly, LLP
Guri Ademi
3620 East Layton Ave.
Cudahy, WI 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com

View original content:http://www.prnewswire.com/news-releases/investor-alert-ademi--oreilly-llp-investigates-possible-securities-fraud-of-baxter-international-inc-300945035.html

SOURCE Ademi & O'Reilly, LLP