INVESTOR ALERT: Investigation of Banco Bradesco S.A. Announced by Law Offices of Howard G. Smith
June 03 2016 - 11:32AM
Business Wire
Law Offices of Howard G. Smith announces an investigation
on behalf of investors of Banco Bradesco S.A. (“Banco Bradesco” or
the “Company”) (NASDAQ: BBD) concerning the Company and its
officers’ possible violations of federal securities laws.
Banco Bradesco accepts deposits and offers commercial banking
services throughout Brazil, Argentina, the United States and United
Kingdom.
On May 31, 2016, several news reports disclosed that the
Company’s CEO was indicted by Brazil police on corruption related
charges. The Company, through its executives allegedly attempted to
avoid paying an $828 million tax expense due to Brazil’s Tax
Revenue Service. On this news shares of Banco Bradesco fell nearly
6%, on volume of over 31 million shares, to close on May 31, 2016
at $6.26 a share.
If you purchased Banco Bradesco 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 howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160603005617/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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