THE LAWSUIT: A class action securities lawsuit was filed against Banco Santander, S.A. (SAN) that seeks to recover losses of Banco Santander shareholders who were adversely affected by alleged securities fraud between February 27, 2019 and February 27, 2024
CASE DETAILS: A Financial Times article alleged Banco Santander was used by Iran to covertly move money around the world as part of a sanctions-evading scheme.
Following this news, on February 5, 2024, shares of Banco Santander S.A. stock dropped over 5% in premarket trading.
WHAT’S NEXT? If you suffered a loss in Banco Santander stock during the relevant time frame – even if you still hold your shares – go to https://zlk.com/pslra-1/banco-santander-s-a-lawsuit-submission-form?wire=18 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
