LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Bezeq The Israel Telecommunication Corporation Limited (“Bezeq” or the “Company”) (Other OTC: BZQIY).
If you purchased or otherwise acquired Bezeq shares, and would like more information regarding the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you.
The investigation focuses on whether Bezeq and certain of its officers and/or directors violated federal securities laws. On June 20, 2017, the Israel Securities Authority (“ISA”) raided the Company’s offices on suspicion of violations of securities laws by its chairman and majority shareholder, Shaul Elovitch. The ISA said that it is investigating possible misconduct “with regards to transactions related to the controlling shareholder.” In addition, an Israeli business journal reported that the ISA is investigating the merger of Bezeq’s television unit with its parent company, and payments the unit made to Eurocom, an Elovitch controlled company, under pressure from Elovitch. Following this news, Bezeq’s share price dropped in value.
If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at firstname.lastname@example.org.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.