An investigation was announced for investors in NASDAQ:ORBK shares over potential securities laws violations by Orbotech Ltd.
Investors who purchased shares of Orbotech Ltd (NASDAQ:ORBK), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether a series of statements by Orbotech Ltd regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 22, 2017, Orbotech Ltd filed a Form with the Securities and Exchange Commission (“SEC”) disclosing that the Israel Tax Authority conducted an investigation on May 22, 2017, involving “document collection at the Company’s headquarters in Israel and at the office of the Company’s tax consultant.” The Form further states that “the criminal investigation relates to tax positions taken by the Company in the audit period as well as in prior periods.” In addition, several Orbotech Ltd employees, as well as tax consultants from the Company’s independent registered accounting firm are being questioned in connection with the investigation.
Those who purchased shares of Orbotech Ltd (NASDAQ:ORBK) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
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