Banco Santander, S.A. (SAN) Investigation

Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Banco Santander, S.A. (“Santander” or “the Company”) (NYSE: SAN). Investors who purchased Santander securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/SAN.

Investigation Details:

On February 4, 2024, the Financial Times published an article reporting that Iran had used Santander accounts “to covertly move money around the world as part of a vast sanctions-evasion scheme.” Specifically, Iran’s state-controlled Petrochemical Commercial Company allegedly moved money through a Santander UK business bank account via a front company. On this news, Santander’s American depositary receipt (“ADR”) price fell $0.24 per ADR, or 5.74%, to close at $3.94 per ADR on February 5, 2024.

What’s Next?

If you are aware of any facts relating to this investigation or purchased Santander securities, you can assist this investigation by visiting the firm’s site: bgandg.com/SAN. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240226296460/en/

The Banco Santander Stock at the time of publication of the news with a fall of -0,53 % to 3,78USD on Tradegate stock exchange (26. Februar 2024, 09:52 Uhr).