BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it has commenced an investigation on behalf of Banco Macro S.A. (“Banco Macro” or the “Company”) (NYSE: BMA) investors concerning the Company and its officers’ possible violations of federal securities laws.
On December 7, 2017, Bloomberg reported that Banco Macro Chairman Jorge Horacio Brito contributed to the corruption scandal surrounding former Argentine Vice President Amado Boudou. According to the article, Boudou had been charged with “illicit enrichment for allegedly using shell companies and secret middlemen to gain control of a company given contracts to print the national currency.” Chairman Brito was identified as one of the middlemen involved in the alleged scheme. On this news, shares of Banco Macro fell significantly, thereby injuring investors.
If you purchased Banco Macro 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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