26.06.2017 19:25:00

BCOMM INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In B Communications Ltd. To Contact The Firm

NEW YORK, June 26, 2017 /PRNewswire -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at B Communications Ltd. ("B Comm" or the "Company") (NasdaqGS: BCOM).

The investigation focuses on whether the Company and its executives violated federal securities laws.  B Comm is a holding company of Bezeq The Israel Telecommunication Corporation Limited ("Bezeq").  

On June 20, 2017, the Israel Securities Authority ("ISA")announced that it had commenced an investigation into Bezeq.  

According to a Times of Israel article published on June 20, 2017, the investigation relates tosuspected violations of Israeli securities and criminal law involving Bezeq's controlling shareholder, Shaul Elovitch.  As a part of the investigation, the ISA further disclosed that it had raided Bezeq's offices and detained senior Bezeq executives for questioning.

On this news, B Comm's share price declined during intraday trading, causing harm to investors.

If you invested in B Comm stock or options and would like to discuss your legal rights, click here:www.faruqilaw.com/BCOMThere is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail torgonnello@faruqilaw.com.   

CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn:  Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

Attorney Advertising.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We welcome the opportunity to discuss your particular case.  All communications will be treated in a confidential manner.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bcomm-investor-alert-faruqi--faruqi-llp-encourages-investors-who-suffered-losses-exceeding-50000-investing-in-b-communications-ltd-to-contact-the-firm-300479682.html

SOURCE Faruqi & Faruqi, LLP

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