September 24, 2008

INDUSTRIAL DEV’T: Supreme Court’s Ruling in Lahava Suit Pending

COMPANIES: Industrial Development Bank of Israel Ltd. | Lahava Chatamim Ltd
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The ruling of the Supreme Court regarding Lahava Chatamim Ltd.’s derivative action against Industrial Development Bank of Israel Ltd. is still pending.

In March 2003, Lahava Chatamim, in its capacity as a shareholder, filed a derivative action in the amount…

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