SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  SHAREHOLDER ALERT: Investigation on Behalf of China Ceramics Co., Ltd. Investors Announced by Law Offices of Howard G. Smith

[June 10, 2014]

SHAREHOLDER ALERT: Investigation on Behalf of China Ceramics Co., Ltd. Investors Announced by Law Offices of Howard G. Smith

BENSALEM, Pa. --(Business Wire)--

Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of China Ceramics Co., Ltd. ("China Ceramics" or the "Company") (NASDAQ:CCCL). The investigation concerns possible violations of federal securities laws and focuses on certain statements issued by China Ceramics between March 30, 2012 and May 1, 2014, concerning the Company's operations and financial performance.

China Ceramics manufactures ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildngs. The investigation is related to allegations that the Company misrepresented or failed to disclose material weakness in the Company's internal control over financial reporting and the risk of writedowns of its assets.


On November 13, 2013, the Company announced its financial results for third quarter 2013, and disclosed a substantial asset write-down of property, plant and equipment. Then, on May 1, 2014, NASDAQ announced a halt in trading of the common shares of China Ceramics pending "additional information requested." Also on May 1, 2014, the Company filed with the Securities and Exchange Commission a notification of the Company's inability to timely file its annual report with the SEC (News - Alert) for the year ended December 31, 2013.

If you purchased China Ceramics common stock between March 30, 2012 and May 1, 2014, if you would like to learn more about these potential claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.


[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy