Eltek Ltd
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Information Technology : Electronic Equipment, Instruments & Components | Small Cap Value
Based in Israel
Company profile

Eltek Ltd. manufactures, markets and sells custom made printed circuit boards (PCBs), including high density interconnect (HDI), flex-rigid and rigid, with high layer count boards. The Company manufactures and supplies custom made circuitry solutions for use in compact electronic products. The Company's principal customers include manufacturers of defense and aerospace, medical, industrial, telecom and networking equipment, as well as contract electronic manufacturers. The Company designs and develops manufacturing solutions pursuant to interconnect requirements of original equipment manufacturers, and provides its customers with a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, as well as flexible circuitry (flex and flex-rigid boards) made of various types of base material. The Company also acts as an agent for the importation of PCBs from South East Asia. The Company provides fabrication of dense multi-layer PCBs.

Closing Price
Day's Change
0.22 (5.05%)
B/A Size
Day's High
Day's Low
(Heavy Day)

10-day average volume:

Investigation Of Price Fixing Scheme In The Corporate Oddlot Bonds Secondary Market

4:59 pm ET May 6, 2020 (PR Newswire) Print

Milberg Phillips Grossman LLP is actively investigating potential antitrust violations with respect to price fixing of corporate oddlot bonds (bonds with a par value of $1 million or less) in the secondary market.

Current and former secondary market investors in corporate oddlot bonds may have paid inflated prices or may have been given below-market offers from the following potential defendants from 2006 through the present: Bank of America Corporation; Merrill Lynch, Pierce, Fenner & Smith, Inc.; B of A Securities, Inc.; Barclays Capital Inc.; Citigroup Inc.; Citigroup Global Markets Inc.; Credit Suisse Securities (USA) LLC; Deutsche Bank Securities Inc.; The Goldman Sachs Group, Inc.; Goldman, Sachs & Co., LLC; JPMorgan Chase & Co.; J.P. Morgan Securities LLC; Morgan Stanley; Morgan Stanley & Co., LLC; Morgan Stanley Smith Barney LLC; NatWest Markets Securities Inc.; Wells Fargo & Co.; Wells Fargo Securities LLC; and Wells Fargo Clearing Services, LLC.

Since Milberg's founding in 1965, it has repeatedly taken the lead in landmark cases that have set groundbreaking legal precedents and recovered more than $50 billion in verdicts and settlements.

If you are such an investor who purchased or sold oddlot corporate bonds from or to the aforementioned parties, and would like to discuss our investigation, please contact us by visiting www.milberg.com/contact-us or by emailing attorney Blake Yagman at byagman@milberg.com or by calling (212) 594-5300.

ATTORNEY ADVERTISING. The firm responsible for this ad is Milberg Phillips Grossman LLP, located at One Pennsylvania Plaza, New York, New York 10119.


View original content:http://www.prnewswire.com/news-releases/investigation-of-price-fixing-scheme-in-the-corporate-oddlot-bonds-secondary-market-301054363.html

SOURCE Milberg Phillips Grossman LLP


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