LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Banco Popular Español, S.A. (“Banco Popular” or the “Company”) (Other OTC: BPESY) concerning possible violations of federal securities laws.
To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at firstname.lastname@example.org.
The investigation concerns whether Banco Popular and certain of its officers and/or directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On April 3, 2017, the Company announced that an internal audit identified financial shortcomings related to its 2016 capital increase, and announced the resignation of the Company’s Chief Executive Officer Pedro Larena. When this information was released to the public, shares of Banco Popular fell in value.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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