SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Banco Bradesco S.A. of a Class Action Lawsuit and a Lead Pla...
July 11 2016 - 10:23AM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who
purchased or otherwise acquired American Depositary Shares of Banco
Bradesco S.A. (“Banco Bradesco”) (NYSE:BBD)
between April 30, 2012 through May 31, 2016.
You are hereby notified that a securities class
action lawsuit has been commenced in the USDC for the Southern
District of New York. To get more information go
to:
http://www.zlk.com/pslra/banco-bradesco
or contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972. There is no cost or obligation to
you.
The complaint alleges that Banco Bradesco made materially
false and/or misleading statements and/or failed to disclose that:
(1) the Company was involved in bribery with Brazil’s
Administrative Council of Tax Appeals (“CARF”); (2) the Company’s
executives planned to avoid a $828 million tax fine by Brazil’s
Internal Revenue Service; (3) Banco Bradesco’s CEO, as well as
certain executives, directors, and employees were engaged in
bribery, corruption, and money laundering; (4) Banco Bradesco’s
internal control of financial reporting, procedures, and disclosure
controls were ineffective; and (5) as a result of the above, the
Company’s public statements were materially false and misleading at
all relevant times.
If you suffered a loss in Banco Bradesco
you have until August 2, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with
offices in New York, New Jersey, California, Connecticut, and
Washington D.C. The firm’s attorneys have extensive expertise and
experience representing investors in securities litigation, and
have recovered hundreds of millions of dollars for aggrieved
shareholders. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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