Class Action Lawsuit On Behalf Australia and New Zealand Banking (OTC:ANZBY) Investors Filed

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 19, 2009 -- On Monday, Dec. 29, 08, a shareholder has filed a proposed securities class action lawsuit in Manhattan federal court on behalf of purchasers of the American Depositary Receipts of Australia and New Zealand Banking (ADR) (OTC:ANZBY) during the period March 2, 2007 through July 27, 2008 over alleged violations of Federal Securities Laws by Australia and New Zealand Banking

If you purchased American Depositary Receipts of Australia and New Zealand Banking (OTC:ANZBY) during the period March 2, 2007 through July 27, 2008, you have certain options and there are strict and short deadlines running. You should contact the Shareholders Foundation, Inc immediately.


Email: Mail@ShareholdersFoundation.com

or Call us TODAY!

Phone: +1-(858)-779-1554

According to the complaint the plaintiff alleges that Australia and New Zealand Banking ("ANZ") and its top executives violated the federal securities laws by failing to adequately disclose the range of risks arising from its loans to Opes Prime Group Limited, an Australian stock brokerage firm that lent money to customers on margin. The plaintiff accuses ANZ of lending hundreds of millions of dollars to this failed brokerage house, but without adequate disclosure of the risks the loans posed to ANZ. The day before ANZ announced its losses stemming from exposure to Opes Prime, its stock (ADRs) closed at a high of $17.24. The following day, after ANZ's announcement, ANZ's stock price dropped to $14.57. ANZ's stock is currently trading at $9.90.

If you purchased American Depositary Receipts of Australia and New Zealand Banking (OTC:ANZBY) during the period March 2, 2007 through July 27, 2008, you have certain options and there are strict and short deadlines running (February 27, 2009). You should contact the Shareholders Foundation, Inc immediately.


Email: Mail@ShareholdersFoundation.com

or Call us TODAY!

Phone: +1-(858)-779-1554

or send us your information by mail /facsimile:

Shareholders Foundation, Inc.
Trevor Allen

3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
Mail@ShareholdersFoundation.com
www.ShareholdersFoundation.com
____________________________________________________________________________

Advertising. The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We offer help, support, and assistance for every shareholder . The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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