Energy News / Shareholders Foundation, Inc.

OTCMKTS:BNPQY Shareholder Alert: Investigation over Possible Securities Laws Violations by BNP Paribas SA

Via: ReleaseWire

Updated 12:00 PM CST, Mon, November 13,2017

An investigation for investors in BNP Paribas SA (ADR) (OTCMKTS:BNPQY) shares over potential securities laws violations by BNP Paribas SA was announced.

San Diego, CA -- (SBWIRE) -- 11/13/2017 -- An investigation was announced for investors in OTCMKTS:BNPQY shares over potential securities laws violations by BNP Paribas SA in connection with certain financial statements.

Investors who purchased shares of BNP Paribas SA (ADR) (OTCMKTS:BNPQY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether a series of statements by BNP Paribas SA regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On November 5, 2017, it was reported that the U.S. Department of Justice and the Federal Bureau of Investigation are investigating BNP Paribas SA, along with other banks, "for their roles in selling about $2 billion of debt for Mozambique." The article stated, in part, that "[f]inancial regulators in the U.S., the U.K. and Switzerland began probes into potential securities-law violations by the banks last year, after […] the existence of irregularities in the Mozambican transactions [were reported]. The newer U.S. inquiries widen the scope of the probes to include potential corruption and raise the possibility of criminal prosecution." Shares of BNP Paribas SA (ADR) (OTCMKTS:BNPQY) declined on November 8, 2017 to $37.28 per share.

Those who purchased shares of BNP Paribas SA (ADR) (OTCMKTS:BNPQY) 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

For more information on this press release visit:
http://www.sbwire.com/press-releases/otcmktsbnpqy-shareholder-alert-investigation-over-possible-securities-laws-violations-by-bnp-paribas-sa-890950.htm

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