Tapia-Matos v. Caesarstone Sdot-Yam, LTD. LTD. et al
| Tammy Tapia-Matos |
| Caesarstone Sdot-Yam, LTD., Yosef Shiran and Yair Averbuch |
| 1:2015cv06726 |
| August 25, 2015 |
| US District Court for the Southern District of New York |
| Foley Square Office |
| XX Out of State |
| Jesse M. Furman |
| Securities/Commodities/Exchanges |
| 15 U.S.C. ยง 78 |
| Plaintiff |
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Filing
43
OPINION AND ORDER re: 33 MOTION to Dismiss / Notice of Motion to Dismiss filed by Caesarstone Sdot-Yam, LTD., Yair Averbuch, Yosef Shiran: For the foregoing reasons, Defendants' motion to dismiss is GRANTED in part and DE NIED in part. In particular, Plaintiffs' claims concerning Defendants' statements regarding the quartz content of Caesarstone's products are dismissed for failure to plausibly allege a material misstatement or omission. By contras t, Plaintiffs' claims concerning Defendants' statements regarding the price increase for quartz and gross margins survive. The Clerk of Court is directed to terminate Docket No. 33. (Signed by Judge Jesse M. Furman on 7/20/2016) (tn)
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