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 Bank Hapoalim B.M. (OTC: BKHYY) resulting from allegations that Hapoalim may have issued materially misleading business information to the investing public.
On April 30, 2020, the United States Department of Justice announced that Hapoalim “agreed to pay approximately $874.27 million” as part of its deferred prosecution agreement for criminal misconduct including “conspiring with U.S. taxpayers and others to hide more than $7.6 billion” and for conspiring to “launder over $20 million in bribes and kickbacks to soccer officials with Fédération Internationale de Football Association (FIFA) and other soccer federations.” On this news, Bank Hapoalim’s American depositary receipts (“ADRs”) fell $1.09 per ADR to close at $33.16 per ADR on April 30, 2020.
Rosen Law Firm is preparing a securities lawsuit on behalf of Hapoalim shareholders. If you purchased securities of Hapoalim please visit the firm’s website at http://www.rosenlegal.com/cases-register-1850.html to join the securities action. You may also contact Phillip Kim 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. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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