An investigation for investors in OTCMKTS:SCBFF shares over potential securities laws violations by Standard Chartered PLCand certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of Standard Chartered PLC (OTCMKTS:SCBFF), 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 possible claims on behalf of purchasers of the securities of Standard Chartered PLC (OTCMKTS:SCBFF) concerning whether a series of statements by Standard Chartered PLC regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 27, 2016, it was reported that the U.S. Department of Justice is investigating Standard Chartered PLC concerning “allegations that an Indonesian power company controlled by the London-based bank paid bribes to win contracts.”
Shares of Standard Chartered PLC (OTCMKTS:SCBFF) closed on October 13, 2016, at $7.89 per share.
Those who purchased OTCMKTS:SCBFF shares 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