LOS ANGELES -- (Business Wire)
Goldberg Law PC (www.Goldberglawpc.com)
announces that a class action lawsuit has been filed against Banco
Bradesco S.A. (“Banco Bradesco” or the “Company”) (NYSE:BBD). Investors
who purchased or otherwise acquired shares between April 30, 2012 and
May 31, 2016 (the “Class Period”) are encouraged to contact the firm in
advance of the August 2, 2016 lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click
here to participate. In addition, we advise you to contact
Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the
Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss
your rights without cost to you. You can also reach us through the
firm’s website at http://www.Goldberglawpc.com,
or by email at info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
According to the complaint, the Company made materially false and/or
misleading statements and failed to disclose that: Banco Bradesco was
involved in bribery with the Brazilian Finance Ministry's CARF; the
Company's executives were planning on avoiding a $828,000,000.00 tax
fine by Brazil's Internal Revenue Service; several of Banco Bradesco's
executives, directors, employees and the CEO were engaged in bribery,
corruption, and money laundering; Banco Bradesco's internal control of
financial reporting, procedures, and disclosure controls were
ineffective; and as a result of the above, the Company's public
statements were materially false and misleading at all relevant times.
On May 31, 2016 news reports disclosed that the Company's CEO was
indicted by Brazilian police on corruption charges. Upon announcement of
this news on May 31, 2016, shares of Banco Bradesco fell nearly 6% on
that same day.
Goldberg Law PC represents shareholders around the world and specializes
in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160625005021/en/
Contacts:
Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian
Schall, Esq., 800-977-7401
info@goldberglawpc.com
Source: Goldberg Law PC
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