Create Account
Log In
Dark
chart
exchange
Premium
Terminal
Screener
Stocks
Crypto
Forex
Trends
Depth
Close
Check out our API


Partner Communications Announces Receiving Lawsuits and Motions for the Recognition of These Lawsuits as Class Actions


Business Wire | Nov 8, 2020 01:50AM EST

Partner Communications Announces Receiving Lawsuits and Motions for the Recognition of These Lawsuits as Class Actions

Nov. 08, 2020

ROSH HA'AYIN, Israel--(BUSINESS WIRE)--Nov. 08, 2020--Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, announces that the Company received 2 lawsuits and a motion for the recognition of these lawsuits as class actions (the "Motions"), filed against Partner and its subsidiaries (together the "Respondents") in the Tel Aviv-Jaffa District Court on November 2, 2020.

In the motions it was allegedly claimed that the Respondents charged the customers a fee for an internet access service provider service (the "Service") after they began receiving this service from another company and that the Respondents did not provide the Service in return for the payment.

The total amount claimed in each of the Motions was not stated by the applicants, but was estimated by the applicants in each of the Motions to be at least tens of millions of NIS.

Requests for recognition of lawsuits as class actions on similar grounds have been recently filed against other telecommunication companies.

Partner is reviewing the Motions and is unable at this preliminary stage, to evaluate, with any degree of certainty, the probability of success of the lawsuits or the range of potential exposure, if any.

About Partner Communications

Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner's ADSs are quoted on the NASDAQ Global Select Market(tm) and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).

For more information about Partner see: http://www.partner.co.il/en/Investors-Relations/lobby/

View source version on businesswire.com: https://www.businesswire.com/news/home/20201107005029/en/

CONTACT: Mr. Tamir Amar Chief Financial Officer Tel: +972-54-781-4951






Share
About
Pricing
Policies
Markets
API
Info
tz UTC-4
Connect with us
ChartExchange Email
ChartExchange on Discord
ChartExchange on X
ChartExchange on Reddit
ChartExchange on GitHub
ChartExchange on YouTube
© 2020 - 2026 ChartExchange LLC