NEW YORK, Feb. 4, 2021 /PRNewswire/ — Pomerantz LLP is investigating promises on behalf of traders of Cellcom Israel Ltd. (“Cellcom” or the “Corporation”) (NYSE: CEL). These types of traders are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation issues regardless of whether Cellcom and particular of its officers and/or administrators have engaged in securities fraud or other unlawful business techniques.
[Click here for information about joining the class action]
On January 31, 2021, Cellcom declared that Marathon 018 Xfone Ltd., the Company’s mobile sharing community husband or wife, had despatched Cellcom an annulment observe of the two companies’ sharing settlement, “alleging that the [Cellcom] has materially breached the sharing settlement by buying Golan Telecom’s share money and termination of Golan’s MNO license.” On this information, Cellcom’s stock rate fell $.23 for every share, or 5.67%, to shut at $3.83 per share on February 1, 2021.
The Pomerantz Organization, with workplaces in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the leading firms in the places of corporate, securities, and antitrust class litigation. Started by the late Abraham L. Pomerantz, recognised as the dean of the course motion bar, the Pomerantz Firm pioneered the industry of securities class steps. Currently, a lot more than 80 a long time later on, the Pomerantz Firm carries on in the tradition he founded, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Business has recovered many multimillion-greenback damages awards on behalf of course customers. See www.pomerantzlaw.com.
Robert S. Willoughby
888-476-6529 ext. 7980
Perspective original articles:https://www.prnewswire.com/news-releases/shareholder-inform-pomerantz-regulation-organization-investigates-promises-on-behalf-of-investors-of-cellcom-israel-ltd—cel-301222824.html
Supply Pomerantz LLP