BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors that all purchasers of the securities of China Ceramics Co., Ltd. (“China Ceramics” or the “Company”) (NASDAQ:CCCL) between March 30, 2012 and May 1, 2014, inclusive (the “Class Period”) have until August 5, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit.
China Ceramics is based in the People’s Republic of China and is a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings. On November 13, 2013, the Company announced its financial results for third quarter 2013, and disclosed a substantial asset writedown 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 for the year ended December 31, 2013.
If you are a member of the Class described above, you may move the Court no later than August 5, 2014, to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, 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 http://www.howardsmithlaw.com.