NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against Orbotech Ltd. (NASDAQ:ORBK). Our investigation concerns whether Orbotech has violated the federal securities laws and/or engaged in other unlawful business practices.
On May 22, 2017, Orbotech disclosed that the Israel Tax Authority is conducting a criminal investigation in connection with tax positions taken by the Company. Several of the Company’s employees, including officers, are being questioned, as are tax consultants from the Company’s independent registered accounting firm. Following this news, Orbotech shares fell $2.22 per share, or over 6%, to close at $34.50 on May 22, 2017.
If you purchased or otherwise acquired Orbotech securities and suffered a loss, have information, 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 Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Orbotech, please go to www.bespc.com/orbk. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.