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Cellcom Israel Announces Dismissal of a Purported Class Action Filed Against the Company

August 12, 2020 By admin Leave a Comment

Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the “Company”) announced the dismissal of the recently announced purported class action filed against the Company, alleging that the Company misled its customers by failing to disclose certain information in relation to a certain service. The amount claimed from the Company, had the lawsuit been certified as a class action, was estimated by the plaintiff to be approximately NIS 179 million.

Source: Cellcom Israel

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