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IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Claims against CaesarStone Sdot-Yam Ltd. on Behalf of Investors

August 19, 2015 9:18 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Goldberg Law PC (http://www.Goldberglawpc.com) announces that it is investigating claims of potential misrepresentations by CaesarStone Sdot-Yam Ltd. (“CaesarStone” or the “Company”) (NASDAQ: CSTE). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.

If you purchased or otherwise acquired CaesarStone shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey, CA 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at [email protected].

The investigation concerns whether the Company violated the Securities Exchange Act of 1934. On August 19, 2015, Spruce Point Capital Management published a report on CaesarStone alleging that: (1) a Freedom of Information Act request to the SEC showed that the cost of quartz increased substantially in 2014, yet CaesarStone stated in its SEC filings that the impact was just 4%; (2) independent lab tests show CaesarStone’s samples may contain less quartz than advertised; (3) CaesarStone’s reported consolidated margins may be overstated; and (4) proprietary U.S. import shipping data collected from port documents indicates that CaesarStone’s North American market share may not be growing as claimed. When the truth was revealed, shares dropped causing investors harm.

If you have any questions concerning your legal rights in this case, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at [email protected].

Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian Schall, Esq., 800-977-7401
[email protected]
http://www.Goldberglawpc.com
https://twitter.com/search?q=golberglawpc&src=typd
https://www.facebook.com/pages/Goldberg-Law-PC/850505465033804?fref=ts

Source: Goldberg Law PC



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