AUGUST 2, 2016 DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Banco Bradesco S.A. and Reminds Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 29, 2016 / Lundin Law PC (the “Firm”) announces that a class action lawsuit was filed against Banco Bradesco S.A. (“Banco Bradesco” or the “Company”) (NYSE: BBD, BBDO) concerning possible violations of federal securities laws between April 30, 2012 and May 31, 2016 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the August 2, 2016 lead plaintiff motion
deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

The complaint alleges that the Company made materially false and/or misleading statements and failed to disclose that: Banco Bradesco was involved in bribery with the Brazilian Finance Ministry’s CARF; the Company’s executives were planning on avoiding a $828 million tax fine by Brazil’s Internal Revenue Service; several of Banco Bradesco’s CEO, executives, directors, and employees were engaged in bribery, corruption, and money laundering; the Company’s internal control of financial reporting, procedures, and disclosure controls were ineffective; and as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. On May 31, 2016 news reports disclosed that the Company’s CEO was indicted by Brazilian police on corruption charges. Upon release of this news on May 31, 2016, shares of Banco Bradesco dropped nearly 6% on that same day.

Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

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