INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Banco Bradesco S.A. of Commencement of a Class Action Lawsuit &...
July 25 2016 - 9:15AM
Business Wire
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, LLPJoseph E. Levi, Esq.30 Broad
Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free:
(877) 363-5972Fax: (212) 363-7171www.zlk.com
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version on businesswire.com: http://www.businesswire.com/news/home/20160725005782/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.(212) 363-7500,
toll-free: (877) 363-5972jlevi@zlk.com
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