NEW YORK, Feb. 4, 2021 /PRNewswire/ — Pomerantz LLP is investigating statements on behalf of buyers of Cellcom Israel Ltd. (“Cellcom” or the “Firm”) (NYSE: CEL). Such buyers are suggested to get hold of Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation issues whether Cellcom and sure of its officers and/or directors have engaged in securities fraud or other illegal business enterprise procedures.
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On January 31, 2021, Cellcom announced that Marathon 018 Xfone Ltd., the Firm’s cellular sharing community husband or wife, experienced sent Cellcom an annulment notice of the two companies’ sharing arrangement, “alleging that the [Cellcom] has materially breached the sharing settlement by attaining Golan Telecom’s share cash and termination of Golan’s MNO license.” On this information, Cellcom’s inventory rate fell $.23 for each share, or 5.67%, to close at $3.83 for each share on February 1, 2021.
The Pomerantz Agency, with places of work in New York, Chicago, Los Angeles, and Paris is acknowledged as a person of the premier companies in the regions of corporate, securities, and antitrust course litigation. Established by the late Abraham L. Pomerantz, identified as the dean of the class action bar, the Pomerantz Company pioneered the subject of securities course actions. Right now, a lot more than 80 a long time later, the Pomerantz Business continues in the tradition he recognized, fighting for the rights of the victims of securities fraud, breaches of fiduciary obligation, and corporate misconduct. The Company has recovered several multimillion-greenback damages awards on behalf of class associates. See www.pomerantzlaw.com.
Get hold of:
Robert S. Willoughby
888-476-6529 ext. 7980
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