LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Bezeq The Israel Telecommunication Corporation Limited (“Bezeq” or the “Company”) (Other OTC: BZQIY) 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 brian@lundinlawpc.com.
On June 20, 2017, the Israel Securities Authority (“ISA”) raided Bezeq’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.” Also, 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.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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