An investigation for investors in NASDAQ:WILC shares over potential securities laws violations by G Willi-Food International and certain of its directors and was announced.
Investors who purchased shares of G Willi-Food International Ltd (NASDAQ:WILC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether a series of statements by G Willi-Food International regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On February 18, 2016, G. Willi-Food International Ltd. (NASDAQ: WILC) announced thatas a result of suspicions of certain breaches of Israeli securities laws and criminal offenses, the Israel Securities Authority (“ISA”) initiated an investigation. G Willi-Food International Ltd said that the ISA conducted a search on February 17, 2016 at the offices of the Company, and the offices of its Parent Company, Willi-Food Investments Ltd., BSD Crown Ltd., and B.G.I Investments (1961) Ltd. (the “Group”),during which certain computers and other materials were seized by the ISA. G Willi-Food International Ltd also said tha t similarly, a number of officers and directors within the Group are being questioned by the ISA, and the chairman of our board of directors and the indirect controlling shareholder of the Group, Mr. Gregory Gurtovoy, has been detained.
Shares of G Willi-Food International Ltd (NASDAQ:WILC) closed on February 26, 2016 at $3.79 per share.
Those who purchased NASDAQ:WILC shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com