A lawsuit was filed on behalf of investors in G Willi-Food International Ltd (NASDAQ:WILC) shares over alleged securities laws violations. Deadline: April 29, 2016. G Willi-Food International Ltd (NASDAQ:WILC investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 03/16/2016 --A shareholder of G Willi-Food International Ltd (NASDAQ:WILC) filed a lawsuit over alleged violations of Securities Laws by G Willi-Food International Ltd in connection with certain allegedly false and misleading statements.

Investors who purchased shares of G Willi-Food International Ltd (NASDAQ:WILC) have certain options and for certain investors are short and strict deadlines running. Deadline: April 29, 2016. NASDAQ:WILC investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The complaint the plaintiff alleges on behalf of purchasers of G Willi-Food International Ltd (NASDAQ:WILC) common shares between April 30, 2014 and February 18, 2016, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 30, 2014 and February 18, 2016 issued allegedly false and misleading statements to investors and/or failed to disclose thatDefendant Gregory Gurtovoy, along with others, illegally transferred money out of G. Willi-Food, and that 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 February 18, 2016, G. Willi-Food International Ltd. (NASDAQ: WILC) announced that as 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.

Those who purchased shares of G Willi-Food International Ltd (NASDAQ:WILC) 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