SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Orbotech Ltd. - ORBK

NEW YORK, May 23, 2017 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Orbotech Ltd. ("Orbotech" or the "Company") (NASDAQ:  ORBK).   Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Orbotech and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here to join a class action]

On May 22, 2017, Orbotech disclosed that the Israel Tax Authority is conducting a criminal investigation in connection with tax positions taken by the Company. Several of the Company's employees, including officers, are being questioned, as are tax consultants from the Company's independent registered accounting firm. 

On this news, Orbotech's share price has fallen as much as $5.88 or over 16%, during intraday trading on May 22, 2017.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com

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SOURCE Pomerantz LLP