Glancy Prongay & Murray LLP Commences Investigation on Behalf of Orbotech Ltd. Investors

LOS ANGELES--()--Glancy Prongay & Murray LLP (“GPM”) is investigating potential claims on behalf of investors of Orbotech Ltd. (“Orbotech” or the “Company”) (NASDAQ: ORBK) concerning the Company and its officers’ possible violations of federal securities laws.

GPM represents investors in securities class actions, seeking to recoup damages caused by corporate fraud and wrongdoing.

On May 22, 2017, Orbotech disclosed a tax assessment of approximately $58 million issued by the Israel Tax Authority (“ITA”) for fiscal years 2012-2014. Orbotech further disclosed that the ITA has questioned certain of the Company’s employees, including officers in connection with a potential criminal investigation into the tax liabilities.

On this news, shares of Orbotech fell sharply, over 7% or $3.00 per share, during intraday trading on May 22, 2017.

If you purchased Orbotech securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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

Contacts

Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

Release Summary

Glancy Prongay & Murray LLP Commences Investigation on Behalf of Orbotech Ltd. Investors

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Contacts

Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com