(English) Cellcom Israel Announces a Purported Class Action Filed Against the Company

NETANYA, Israel, Aug. 4, 2020 /PRNewswire/ — Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the «Company») announced today that a purported class action was filed against the Company, alleging that the Company unlawfully raised tariffs and therefore charged its customers for its services, in violation of its license, applicable law and the agreement with its customers. The amount claimed from the Company, if the lawsuit is certified as a class action, was estimated by the plaintiff to be…