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Glancy Prongay & Murray LLP Announces Investigation on Behalf of Swedbank AB Investors (SWDBY)

SWDBF | March 22, 2019

Glancy Prongay & Murray LLP Announces Investigation on Behalf of Swedbank AB Investors (SWDBY)

Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Swedbank AB (“Swedbank” or the “Company”) (OTC: SWDBY) investors concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.

On or around February 20, 2019, a Swedish TV program alleged that at least 40 billion Swedish crowns ($4.25 billion) had moved between Swedbank and Danske accounts between 2007 and 2015, and Estonian prosecutors confirmed that they were “checking out the claims as part of [their] Danske investigation.” On this news, Swedbank’s ADRs fell $3.09, or nearly 14%, to close at $19.57 on February 20, 2019, thereby injuring investors.

If you purchased Swedbank securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.

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