Cases
Orbotech Ltd. (NASDAQ: ORBK)
Securities Class Action
Overview
Overview
- Date:
- 5/23/2017
- Company Name:
- Orbotech Ltd.
- Stock Symbol:
- ORBK
- Status:
- Closed/Complete
NEW YORK, May 23, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims against Orbotech Ltd. (NASDAQ: ORBK). Our investigation concerns whether Orbotech has violated the federal securities laws and/or engaged in other unlawful business practices.
On May 22, 2017, Orbotech disclosed that the Israel Tax Authority is conducting a criminal investigation in connection with tax positions taken by the Company. Several of the Company’s employees, including officers, are being questioned, as are tax consultants from the Company’s independent registered accounting firm. Following this news, Orbotech shares fell $2.20 per share, or over 6%, to close at $34.50 on May 22, 2017.
If you purchased or otherwise acquired Orbotech securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On May 22, 2017, Orbotech disclosed that the Israel Tax Authority is conducting a criminal investigation in connection with tax positions taken by the Company. Several of the Company’s employees, including officers, are being questioned, as are tax consultants from the Company’s independent registered accounting firm. Following this news, Orbotech shares fell $2.20 per share, or over 6%, to close at $34.50 on May 22, 2017.
If you purchased or otherwise acquired Orbotech securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.