G. Willi-Food International Ltd. Securities Litigation
On or around 09/26/2016 (Other)
Filing Date: February 29, 2016
According to the law firm press release, the lawsuit alleges throughout the Class Period defendants issued false and misleading statements to investors and/or failed to disclose that: (1) Defendant, along with others, illegally transferred money out of G. Willi-Food; and (2) as a result, G. Willi-Food’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On September 12, 2016, the Court issued an Order appointing Lead Plaintiff and Counsel.
This case was voluntarily dismissed on September 23, 2016.
Company & Securities Information
Defendant: G. Willi-Food International Ltd.
Sector: Consumer Non-Cyclical
Industry: Food Processing
Ticker Symbol: WILC
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Michael Boller, et al. v. G. Willi-Food International Ltd., et al.