|Company Name||Stericycle, Inc.|
On April 20, 2022, it was announced that Stericycle had agreed to pay over $84 million to resolve investigations by U.S. and Brazilian regulators regarding the bribery of officials in multiple countries between 2011 and 2016.
On this news, Stericycle’s stock fell $2.94, or 5.2%, over the next two consecutive trading days to close at $53.41 per share on April 22, 2022, thereby injuring investors.
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