For over two decades, our firm has successfully represented consumers, stockholders and investors to secure millions of dollars in recoveries and corporate governance reforms.
Move your mouse pointer over the company names listed below for a short description of our current case investigations. We welcome you to contact us for more information regarding our current case investigations.
Current Case Investigations:
On February 20, 2019, The Wall Street Journal reported that, according to Swedish television, Swedbank had engaged in suspicious conduct suggestive of money laundering. Subsequently, on March 22, 2019, it was reported that Swedbank’s anti-money laundering compliance head had resigned. On March 27, 2018, the Swedish Economic Crime Authority raided Swedbank’s headquarters. On March 28, 2019, Swedbank’s President and CEO, Birgitte Bonnesen, was fired. On April 25, 2019, Swedbank admitted to “shortcomings in [its] anti-money laundering compliance” and announced it was cooperating with investigating authorities, including those in Sweden and the U.S.
As a result of this news, Swedbank’s ADRs have fallen over $6.50 per ADR since February 19, 2019 or by almost 35%.
For more information call us at 1(844) 391-5164 toll free. You can also send us a message in the form above or email us at firstname.lastname@example.org. Please indicate to us your inquiry is about Swedbank.