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client update memorandum engagement with the Israel securities authority
December 2022
Recently, the Economic Department of the District Court in Tel Aviv published a decision in a case dealing with administrative violations committed by a controlling shareholder and an officer in a public company, including an administrative violation of negligently misleading the Israel Securities Authority’s staff. The court’s decision includes important determinations from which we can learn about the correct manner of engaging with the ISA. Attached is a memorandum published by our firm’s capital market and securities department on the subject.
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