The Law Offices of Frank R. Cruz Announces Investigation of SAP SE (SAP) on Behalf of Investors

The Law Offices of Frank R. Cruz announces an investigation of SAP SE (“SAP” or the “Company”) (NYSE: SAP) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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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, SAP’s stock price fell $8.43, or 3.7%, to close at $222.57 per share on September 25, 2024, thereby injuring investors.

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If you purchased SAP securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241002876096/en/