San Diego, CA -- (SBWIRE) -- 11/16/2015 -- An investigation for shareholders of Millicom International Cellular SA shares over potential securities laws violations by Millicom International Cellular SA was announced.

Investors who purchased shares of Millicom International Cellular SA (USA) (OTCMKTS:MIICF), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether certain statements by Millicom International Cellular SA regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On October 22, 2015, it was reported that Millicom International Cellular SA had reported suspected "improper payments" at its Guatemalan business to law enforcement officials. The payments were made on behalf of the Company's join venture Comunicaciones Celulares SA, a mobile service provider.

Shares of Millicom International Cellular SA (USA) (OTCMKTS:MIICF) declined on October 22, 2015, to as low as $53.96 per share.

On November 13, 2015, OTCMKTS:MIICF shares closed at $51.49 per share.

Those who purchased shares of Millicom International Cellular SA (USA) (OTCMKTS:MIICF) 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