San Diego, CA -- (SBWIRE) -- 10/17/2023 -- Xylem Inc. is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Xylem Inc. (NYSE: XYL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Xylem Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Washington, DC based Xylem Inc., together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications in the United States, Europe, the Asia Pacific, and internationally. On August 9, 2023, before the market opened, the investment firm Spruce Point Capital Management, LLC released a report entitled "A Leak in the Bull Case" (the "Report"), in which it outlined why it believes the price of Xylem stock will decline. Among other things, the Report alleged that certain financial figures which had been presented to investors regarding Xylem's 2023 acquisition of Evoqua were false.

Shares of Xylem Inc. (NYSE: XYL) declined from $118.58 per share on January 13, 2023, to as low as $89.50 per share on October 04, 2023.

Those who purchased shares of Xylem Inc. (NYSE: XYL) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.