An investigation for investors in Banco Macro S.A. (NYSE: BMA) shares over potential securities laws violations by Banco Macro S.A. was announced and NYSE: BMA stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 07/02/2018 -- An investigation of Banco Macro S.A. (NYSE: BMA) was announced over potential securities laws violations by Banco Macro S.A. in connection with certain financial statements.
Investors who purchased shares of Banco Macro S.A. (NYSE: BMA), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Banco Macro S.A. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 7, 2017, it was reported that Banco Macro Chairman Jorge Horacio Brito was the subject of a corruption scandal involving former Argentine Vice President Amado Boudou. According to the article, Boudou had been charged with "illicit enrichment for allegedly using shell companies and secret middlemen to gain control of a company given contracts to print the national currency." The article identified Banco Macro's Chairman Brito as one of those middlemen. The investigation concerns whether Banco Macro's filings with the U.S. Securities and Exchange Commission (the "SEC") contained untrue statements of material facts or omitted material information.
Those who purchased shares of Banco Macro S.A. (NYSE: BMA) 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