NEW YORK, NY--(Marketwired - July 01, 2016) - 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:
or contact Joseph E. Levi, Esq. either via email at email@example.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.