Xylem, Inc. (NYSE: XYL)

This investigation is for anyone who acquired securities in Xylem Inc. (NYSE: XYL) prior to August 9, 2023.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by lying to investors about, among other things, the Company’s liquidity.

On August 9, 2023, Spruce Point Capital published a report raising “concerns about the accuracy of the Company’s cash liquidity.” Spruce Point Capital also alleged, among other things, that it “identif[ied] new evidence of accounting machinations ahead of Xylem’s acquisition” of Evoqua Water Technologies Corp. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Xylem Inc. (NYSE: XYL) prior to August 9, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.