NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Banco Popular Español, S.A. (OTCMKTS:BPESY) resulting from allegations that Banco Popular may have issued materially misleading business information to the investing public.
On April 3, 2017, Banco Popular disclosed that an internal audit had identified financial shortcomings related to its 2016 capital increase and announced the resignation of Banco Popular’s Chief Executive Officer, Pedro Larena. On this news, shares of Banco Popular fell $0.43 or over 11% to close at $3.40 on April 3, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Banco Popular investors. If you purchased shares of Banco Popular on or before April 3, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1096.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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