New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 19, 2012
09:21 EDTCELCellcom Israel announces dismissal of purported class action
Cellcom Israel announced the dismissal of a purported class action lawsuit filed against the company and another cellular operator in March 2010, at the plaintiffs' request. The purported class action was filed in connection with allegations that the defendants breached their cellular license by failing to purchase insurance against monetary liability which the defendants may suffer due to bodily damages that allegedly may be caused by cellular radiation. If the lawsuit was certified as a class action, the total amount claimed was estimated by the plaintiffs to be approximately NIS 4.2B, out of which NIS 2.1B was attributed to the company individually.
News For CEL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 25, 2016
05:12 EDTCELCellcom Israel announces labor dispute
Cellcom Israel announced the receipt of a labor dispute announcement by the Histadrut, the union representing the company's employees. Under the announcement, the company's employees would be entitled to take organizational steps, as of February 7. The company rejects the claims made as a basis for the announcement. At this preliminary stage, the company is unable to assess the effects of this announcement.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use