EBN’s Dispute Resolution Department has proven expertise in representing clients in litigation related to securities holdings, including in class action proceedings.
Where appropriate, litigation is handled in collaboration with the firm’s Capital Markets Department.
• Representing Rami Levy Shivuk Hashikma, Israel’s second-largest retail chain, and its officers in two motions for class action certification alleging misleading information in various financial reports of the company.
• Representing Apex Underwriting, which served as the underwriter in the IPO of a Canadian company, in a motion for class action certification alleging misleading information in the prospectus.
• Representing Klirmark Fund in a claim in an amount of hundreds of millions of NIS filed against the officers of a major construction company, alleging misleading statements in bond offering prospectuses.
• Representing Africa Israel Investments Ltd. in a motion for class action certification alleging misleading information in the company’s financial statements.
• Representing PwC Israel in a class action certification motion alleging that misleading information was included in the financial statements of Clal Biotechnology Industries Ltd.
