NEW YORK, March 24, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at ING Groep N.V. ("ING Groep" or the "Company") (NYSE:ING).
The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, on March, 22, 2017, the Company announced it may face "significant" penalties in connection with a criminal investigation into corruption and money laundering. As a result of this news, the Company may be subject to major fines.
On this news, the Company's American Depository Receipts ("ADRs") significantly declined, causing harm to investors.
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Faruqi & Faruqi, LLP also encourages anyone with information regarding ING Groep's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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