INVESTOR ALERT: Monteverde & Associates PC Invites B Communications Ltd. Shareholders with Losses In Excess of $1 Million to Contact the Firm Immediately - BCOM

NEW YORK, July 18, 2017

The lawsuit is based on whether B Communications and its executives violated federal securities law by misleading investors by making false and/or misleading statements and/or failing to disclose that Shaul Elovitch, the controlling shareholder of Bezeq and B Communications, engaged in illegal conduct in connection with the Bezeq-YES Merger. The discovery of this conduct would subject the Company and/or Bezeq to heightened regulatory scrutiny and potential criminal sanctions.

On June 20, 2017, The Times of Israel reported that the Israel Securities Authority ("ISA") raided the offices of Bezeq and detained Mr. Elovitch. The ISA stated that it was investigating "suspicions of violations of the securities law and the penal code relating to transactions connected to" Mr. Elovitch. The Israeli publication Globes reported that the ISA is investigating the Bezeq-YES Merger, as well as payments the unit made to Eurocom under pressure from Mr. Elovitch. Following this news, B Communication's stock price dropped materially, which caused investors harm according to the Complaint.

Mr. Monteverde would like to personally discuss with you how to potentially recover your monetary losses, if incurred during the Class Period.

If you wish to serve as lead plaintiff, you must move the Court no later than August 28, 2017. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Click here for more information: http://monteverdelaw.com/securities/.  It is free and there is no cost or obligation to you.