NEW YORK, April 4, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the Banco Popular Español, S.A. ("Banco Popular" or the "Company") (OTCMKT: BPESY). Such investors are advised to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/bpesy.
The investigation concerns whether Banco Popular and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On April 3, 2017, Banco Popular revealed that an internal audit had acknowledged financial shortcomings related to its 2016 capital increase, and announced the resignation of Pedro Larena, Banco Popular's Chief Executive Officer. Following this news, Banco Popular stock dropped $0.37 per share, or 9.66%, to close at $3.46 on April 3, 2017.
If you are aware of any facts relating to this investigation, or purchased Banco Popular shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/bpesy. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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