An investigation for investors in Vodafone Group Plc (ADR) (NASDAQ:VOD) shares over potential securities laws violations by Vodafone Group was announced.
San Diego, CA -- (SBWIRE) -- 01/18/2018 -- An investigation was announced for investors of Vodafone Group Plc (ADR) (NASDAQ:VOD) shares over potential securities laws violations by Vodafone Group Plc.
Investors who purchased shares of Vodafone Group Plc (ADR) (NASDAQ:VOD), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether certain statements by Vodafone Group Plc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On January 10, 2018, the Australian Communications and Media Authority ("ACMA)" announced that an investigation into Vodafone Australia ("VHA") revealed that VHA had contravened Australian law by permitting customers to purchase pre-paid mobile phones without first verifying their identities.
pecifically, an update to VHA's website allowed customers "to select that their identity had been verified in a store and then proceed to activate their service through use of the website" without confirming that the customers' identities had in fact been verified, as required by law. VHA has entered into an enforceable undertaking with ACMA to ensure that its identity checks are up to date.
Shares of Vodafone Group Plc (ADR) (NASDAQ:VOD) declined on January 11, 2018 at $30.91 per share.
On January 17, 2018, NASDAQ: VOD shares closed at $31.32 per share.
Those who purchased shares of Vodafone Group Plc (ADR) (NASDAQ:VOD) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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