NEW YORK, March 15, 2019 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces it has commenced an investigation of Mobile TeleSystems PJSC (“MTS” or “the Company”) (NYSE: MBT) concerning possible violations of federal securities laws.
The investigation concerns whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On November 20, 2018, MTS filed a Form 6-K disclosing it had set aside about $840 million as possible liability concerning investigations by the U.S. Securities and Exchange Commission and the U.S. Department of Justice. Then on March 6, 2019, the SEC announced that MTS “will pay $100 million to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) to win business in Uzbekistan.” To obtain additional information, go to:
https://www.zlk.com/pslra-1/mobile-telesystems-pjsc-loss-form
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com