Energy News / Shareholders Foundation, Inc.

OTC:DNKEY Shareholder Notice: Deadline on March 11, 2019 Upcoming in Lawsuit Against Danske Bank A/S

Via: ReleaseWire

Updated 11:15 AM CDT, Mon, March 11,2019

A Deadline is coming up on March 11, 2019 in the lawsuit for investors in Danske Bank A/S (OTC: DNKEY) and OTC: DNKEY stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 03/11/2019 -- The Shareholders Foundation announces that a deadline is coming up on March 11, 2019 in the lawsuit filed for investors of Danske Bank A/S (OTC: DNKEY) over alleged securities laws violations by Danske Bank A/S.

Investors who purchased shares of Danske Bank A/S (OTC: DNKEY) have certain options and there are strict and short deadlines running. Deadline: March 11, 2019. OTC: DNKEY stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of Danske Bank A/S (OTC: DNKEY) that the defendants failed to disclose that Danske Bank's Estonian branch was facilitating money laundering through at least March 2016, that that a whistleblower had reported the Estonian money laundering to the Company in 2013, that Denmark's Financial Supervisory Authority (the "DFSA") had been investigating the Estonian money laundering since 2014, that Danske Bank had concealed the results of its own internal investigation from the DFSA, further exposing it to regulatory action and fines, that Danske Bank had been overstating its historical profits by including the profits derived from its illicit Estonian operations, and that that Danske Bank lacked effective internal and reporting controls. As a result of this information being withheld from the market, Danske Bank ADRs traded at artificially inflated prices of more than $20 each between January 9, 2014 and October 23, 2018.

Those who purchased shares of Danske Bank A/S (OTC: DNKEY) 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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/otcdnkey-shareholder-notice-deadline-on-march-11-2019-upcoming-in-lawsuit-against-danske-bank-as-1167718.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com