San Diego, CA -- (SBWIRE) -- 04/10/2017 -- An investigation on behalf of investors of Banco Popular Espanol, S.A. (OTCMKTS:BPESY) shares over potential securities laws violations by Banco Popular Espanol, S.A. and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Banco Popular Espanol, S.A. (OTCMKTS:BPESY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Banco Popular Espanol, S.A. (OTCMKTS:BPESY) concerning whether a series of statements by Banco Popular Espanol, S.A. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On April 3, 2017, Banco Popular Espanol, S.A. disclosed that an internal audit had identified financial shortcomings related to its 2016 capital increase and announced the resignation of Banco Popular Espanol, S.A.'s Chief Executive Officer, Pedro Larena.

Shares of Banco Popular Espanol, S.A. (OTCMKTS:BPESY) declined from $11.24 per share in April 2016 to as low as $.327 per share on April 6, 2017.

Those who purchased shares of Banco Popular Espanol, S.A. have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com