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WILMINGTON, Del., March 04, 2016 -- Rigrodsky & Long, P.A.:
- Do you, or did you, own shares of G. Willi-Food International Ltd. (NASDAQ:WILC)?
- Did you purchase your shares between April 30, 2014 and February 18, 2016, inclusive?
- Did you lose money in your investment?
Rigrodsky & Long, P.A. announces that a complaint has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities that purchased the common stock of G. Willi-Food International Ltd. (“G. Willi-Food” or the “Company”) (NASDAQ:WILC) between April 30, 2014 and February 18, 2016, inclusive (the “Class Period”), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the “Complaint”).
If you purchased shares of G. Willi-Food during the Class Period, and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Timothy J. MacFall, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803 at (888) 969-4242; by e-mail to [email protected]; or at: http://rigrodskylong.com/investigations/g-willi-food-international-ltd-wilc.
The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company’s business, operations and prospects. As a result of defendants’ alleged false and misleading statements, the Company’s stock traded at artificially inflated prices during the Class Period.
According to the Complaint, on February 18, 2016, the Company issued a press release announcing that the Company, along with its senior executive Gregory Gurtovoy (“Gurtovoy”) and other officers and directors of G. Willi-Food’s parent companies, are being investigated by the Israel Security Authority (“ISA”). According to an article published by Israeli newspaper Haaretz, Gurtovoy is suspected by the ISA of illegally siphoning money from G. Willi-Food.
On this news, shares of G. Willi-Food declined over 5%, closing at $3.75 per share on February 18, 2016.
If you wish to serve as lead plaintiff, you must move the Court no later than April 29, 2016. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Any member of the proposed class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT: Rigrodsky & Long, P.A. Timothy J. MacFall, Esquire Peter Allocco (888) 969-4242 (516) 683-3516 Fax: (302) 654-7530 [email protected] http://www.rigrodskylong.com
