An investigation on behalf of investors of BNP Paribas SA (ADR) (OTCMKTS:BNPQY) shares over potential securities laws violations by BNP Paribas SA and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of BNP Paribas SA (ADR) (OTCMKTS:BNPQY) concerning whether a series of statements by BNP Paribas SA regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

BNP Paribas SA is a France-based company engaged in the financial industry. Shares of BNP Paribas SA (ADR) (OTCMKTS:BNPQY0 grew from $21.66 per share in June 2016 to as high as $40.43 per share in late September 2017.

On November 5, 2017, it was reported that the U.S. Department of Justice and the Federal Bureau of Investigation are investigating BNP Paribas SA, along with other banks, 'for their roles in selling about $2 billion of debt for Mozambique.' The article stated, in part, that '[f]inancial regulators in the U.S., the U.K. and Switzerland began probes into potential securities-law violations by the banks last year, after [] the existence of irregularities in the Mozambican transactions [were reported]. The newer U.S. inquiries widen the scope of the probes to include potential corruption and raise the possibility of criminal prosecution.'