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NYSE: MTD Investor Notice: Investigation over Possible Securities Laws Violations by Mettler-Toledo International Inc.

Via: ReleaseWire

Updated 12:00 PM CDT, Tue, October 08,2019

An investigation for investors in Mettler-Toledo International Inc. (NYSE: MTD) shares over potential securities laws violations by Mettler-Toledo International Inc. was announced.

San Diego, CA -- (SBWIRE) -- 10/08/2019 -- An investigation on behalf of investors of Mettler-Toledo International Inc. (NYSE: MTD) shares over potential securities laws violations by Mettler-Toledo International Inc.in connection with certain financial statements was announced.

Investors who purchased shares of Mettler-Toledo International Inc. (NYSE: MTD), 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 Mettler-Toledo International Inc. (NYSE: MTD regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Columbus, OH Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. Mettler-Toledo International Inc. reported that its annual Total Revenue rose from over $2.72 billion in 2017 to over $2.93 billion in 2018 and that its Net Income increased from $375.97 million in 2017 to $512.61 million in 2018.

On July 24, 2019, a report was published on Mettler-Toledo International Inc titled "Imprecise Earnings." The report asserted, in part, that the Company's "ability to never miss quarterly Wall St earnings estimates raises doubts about the quality of its financial statements." The report characterized Mettler-Toledo as "[r]un by secretive management in Switzerland, and with key U.S.-based financial, tax, and audit managers all having worked at current auditor PwC," and on this basis asserted that "adequate, independent questioning of its financial results are lacking."

Shares of Mettler-Toledo International Inc. (NYSE: MTD) declined from $873.51 per share in July 2019 to $638.92 per share on August 28, 2019.

Those who purchased shares of Mettler-Toledo International Inc. (NYSE: MTD) 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 Shareholders Foundation, Inc.
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 conftact 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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyse-mtd-investor-notice-investigation-over-possible-securities-laws-violations-by-mettler-toledo-international-inc-1262246.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com