Banco Santander-Chile
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Financials : Banks | Large Cap Value
Based in ChileCompany profile

Banco Santander-Chile (the Bank), formerly Banco Santander Chile, is a Chilean bank. The Bank's segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities (Other). The Retail Banking segment consists of individuals and small to middle-sized entities (SMEs). The Middle-market segment serves companies and large corporations. The Global Corporate Banking segment consists of foreign and domestic multinational companies. The Corporate Activities segment includes its Financial Management Division, which develops global management functions. It provides a range of commercial and retail banking services to its customers, including Chilean peso and foreign currency denominated loans to finance a range of commercial transactions, trade, foreign currency forward contracts and credit lines and a range of retail banking services, including mortgage financing. In addition to its traditional banking operations, the Bank offers a range of financial services.

Closing Price
$25.05
Day's Change
2.91 (13.14%)
Bid
--
Ask
--
B/A Size
--
Day's High
25.57
Day's Low
24.17
Volume
(Heavy Day)
Volume:
1,410,413

10-day average volume:
740,505
1,410,413

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of ADTRAN, Inc.

10:08 am ET September 23, 2019 (Globe Newswire) Print

Levi & Korsinsky notifies investors that it has commenced an investigation of ADTRAN, Inc. ("ADTRAN" or "the Company") (NASDAQ: ADTN) concerning possible violations of federal securities laws.

On July 17, 2019, ADTRAN announced "preliminary" earnings for the second quarter of 2019 due to the Company's assessment of its current and previously reported E&O reserves. On this news, the price of ADTRAN fell over 23%, to close at $12.13 on July 18, 2019.

On August 12, 2019, ADTRAN disclosed its inability to timely file its quarterly financial report with the SEC, admitting to material weaknesses in its internal controls, resulting in a misstatement of the Company's previously reported E&O reserves.

To obtain additional information, go to:

https://www.zlk.com/pslra-1/adtran-inc-loss-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

https://ml.globenewswire.com/media/ac93d66b-f8d2-429d-9026-c5b32b0ac0ee/small/250x148-zlk-jpg.jpg

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