Market Overview

DANSKE BANK INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates Danske Bank A/S for Possible Securities Fraud - DNKEY

Share:

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a
partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces
that KSF has commenced an investigation into Danske Bank A/S (OTC: DNKEY).

On July 18, 2018, the Company revealed that it would waive income
relating to "suspicious transactions" at its Estonia branch, presently
the subject of a money laundering investigation, noting that the amount
was not yet determinable but that gross income related to the branch was
estimated to be around $230M. Further, the Company expected net profit
for 2018 "to be at the lower end of the [target] range."

On this news, the price of Danske's shares plummeted $1.43, or over 9.4%
on July 18, 2018.

KSF's investigation is focusing on whether Danske and/or its officers
and directors violated state or federal securities laws.

If you are a Danske shareholder and have suffered losses, you may,
without obligation or cost to you, contact KSF Managing Partner Lewis
Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com),
or visit https://www.ksfcounsel.com/cases/otc-dnkey/
to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include the former Louisiana Attorney General
Charles C. Foti, Jr., is a law firm focused on securities, antitrust and
consumer class actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

View Comments and Join the Discussion!