Client Update - Capital Market

Recently, the Tel Aviv District Court (Economic Division) published a decision in the Fox Vizel Ltd case, which includes new and important determinations regarding delay of publications under the Securities Regulation (Periodic and Immediate Reports), 1970.

In Addition, The Israeli Securities Authority recently enforced a monetary sanction on Meshek Energy Renewable Energies Ltd, emphasizing the required disclosure in the Board of Directors’ report concerning warning signs in a company’s financial reports.
Attached is a memorandum published by our firm’s Capital Market and Securities Department on the subject.

To read more, click here.