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SHAREHOLDER INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against SAP SE and Encourages Investors with Losses to Contact the Firm

Newsfile Corp.
·1 min read

Los Angeles, California--(Newsfile Corp. - November 6, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SAP SE (NYSE: SAP) ("SAP" or "the Company") for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. SAP announced its third quarter 2020 financial results on October 25, 2020. The Company suffered a 4% decline year-over-year in total revenue. The Company's software license revenue dropped 23% while cloud revenue grew only 11% year-over-year. The Company lowered its fiscal 2020 guidance. Based on this news, shares of SAP fell by 23% on the next day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/67639