Shareholders Foundation, Inc.

Investor Investigation of Bezeq the Israel Telecommunication Corporation Limited (OTCMKTS:BZQIY)

An investigation for investors in Bezeq The Israel Telecommunication Corporation Limited (OTCMKTS:BZQIY) shares over potential securities laws violations by Bezeq The Israel Telecommunication was announced and OTCMKTS:BZQIY stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 06/27/2017 -- An investigation was announced for investors of Bezeq The Israel Telecommunication Corporation Limited (OTCMKTS:BZQIY) shares over potential securities laws violations by Bezeq The Israel Telecommunication Corporation Limited.

Investors who purchased shares of Bezeq The Israel Telecommunication Corporation Limited (OTCMKTS:BZQIY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible whether a series of statements by Bezeq The Israel Telecommunication regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On June 20, 2017, the Israel Securities Authority ("ISA") raided offices of Bezeq The Israel Telecommunication Corporation Limited on suspicion of violations of securities laws by its chairman and majority shareholder, Shaul Elovitch. The ISA said that it is investigating possible misconduct "with regards to transactions related to the controlling shareholder." In addition, an Israeli business journal reported that the ISA is investigating the merger of Bezeq The Israel Telecommunication Corporation Limited's television unit with its parent company, and payments the unit made to Eurocom, an Elovitch controlled company, under pressure from Elovitch.

Those who purchased shares of Bezeq The Israel Telecommunication Corporation Limited (OTCMKTS:BZQIY) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com