Class Action News

Danske Bank Investigation Commences

Levi & Korsinsky, LLP

July 19, 2018

Levi & Korsinsky announces it has commenced the Danske Bank investigation (OTCMKTS: DNKEY) concerning possible violations of federal securities laws. On December 21, 2017, it was reported that Danske Bank was fined 12.5 million Danish crowns for violating anti-money laundering rules. On July 18, 2018, Danske stated that it intends to waive income generated from suspicious transactions in Estonia. According to a press release, Danske plans to “make the gross income from such transactions available to the benefit of society, for instance through supporting efforts to combat financial crime.” Following this news, Danske Bank shares fell from a close of $15.24 on July 17, 2018, to a close of $13.81 the following day.

To obtain additional information, go tohttp://www.zlk.com/pslra-d/danske-bank or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.