Houston - An investigation on behalf of NASDAQ listed Isramco, Inc. (ISRL) shareholders over possible fiduciary breaches and alleged fraudulent transactions by Isramco, Inc. (NASDAQ: ISRL) board members has been announced.
Recent allegations of impropriety by Isramco, Inc. (NASDAQ: ISRL) insiders have been reported in the Israeli press. The highly publicized actions outlined in the media include alleged reports of self - dealing and other allegations of possibly improper transactions at this Houston-based oil and gas company. Such transactions may have caused economic harm to Isramco investors and shareholders and may form the basis of shareholder derivative suits and other actionable claims. According to the investigation Isramco, Inc. (NASDAQ: ISRL) is controlled by Chairman and CEO Haim Tsuff of Holland, who, through a web of foreign entities, owns approximately 50% of Isramco, Inc.’s (NASDAQ: ISRL) stock.
Any investor or shareholder who currently or previously owned shares of Isramco, Inc. (NASDAQ: ISRL) should immediately contact Levin Law, a Class Action Law Firm, at 1800-467-4000 or on the web at www.law29.com for immediate information regarding their legal rights and options.
For more information about the investigation of Isramco, Inc. (NASDAQ: ISRL) or to schedule a confidential, free consultation please contact:
Levin Law
Phone: 1800-467-4000
Email: info@law29.com
Web: www.law29.com
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