Canopy Growth(CGC)
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The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of June 3, 2025 in Canopy Growth Corporation Lawsuit - CGC
Prnewswire· 2025-05-12 09:45
NEW YORK, May 12, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Canopy Growth Corporation (NASDAQ: CGC). Shareholders who purchased shares of CGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CGC during the timeframe listed a ...
CGC Investors: Robbins LLP Reminds Canopy Growth Corporation Stockholders of the Class Action Lawsuit on Behalf of Investors
GlobeNewswire News Room· 2025-05-09 20:45
Core Viewpoint - A class action lawsuit has been filed against Canopy Growth Corporation for allegedly misleading investors regarding its cost reduction measures and financial health during a specific period [1][2]. Group 1: Allegations and Financial Impact - The lawsuit claims that Canopy Growth Corporation failed to disclose significant costs associated with the production of Claybourne pre-rolled joints and indirect costs related to Storz & Bickel vaporizer devices, which negatively impacted the company's gross margins and overall financial results [2]. - Canopy announced disappointing financial results on February 7, 2025, attributing them to incremental costs from the Claybourne product launch and increased indirect costs from vaporizer devices, leading to a 27.24% drop in share price to $2.02 on the same day [3]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against Canopy Growth Corporation, with a deadline to contact Robbins LLP for those wishing to serve as lead plaintiff by June 3, 2025 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 3: Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].
Canopy Growth Corporation Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before June 3, 2025 to Discuss Your Rights – CGC
GlobeNewswire News Room· 2025-05-08 17:49
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Canopy Growth Corporation ("Canopy Growth Corporation" or the "Company") (NASDAQ: CGC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Canopy Growth Corporation investors who were adversely affected by alleged securities fraud between May 30, 2024 and February 6, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zl ...
Canopy Growth Corporation Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before June 3, 2025 to Discuss Your Rights - CGC
Prnewswire· 2025-05-08 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Canopy Growth Corporation regarding a class action lawsuit due to alleged misleading statements and undisclosed costs impacting the company's financial performance [1]. Group 1: Allegations - The complaint alleges that Canopy Growth Corporation incurred significant costs related to the production of Claybourne pre-rolled joints during its product launch in Canada [1]. - It is claimed that these costs, along with indirect costs from Storz & Bickel vaporizer devices, negatively affected the company's gross margins and overall financial results [1]. - The defendants are accused of overstating the effectiveness of Canopy's cost reduction measures and downplaying issues related to gross margins, leading to materially false and misleading public statements [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as May 30, 2024, to February 6, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is June 3, 2025, with no cost or obligation to participate in the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].
The Gross Law Firm Notifies Canopy Growth Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – CGC
GlobeNewswire News Room· 2025-05-07 16:32
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Canopy Growth Corporation (NASDAQ: CGC). Shareholders who purchased shares of CGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/canopy-growth-corporation-loss-submission-form-2/?id=147121&from=3 CLASS PE ...
Canadian Gold Corp Announces Strategic Investor Robert McEwen Exercises 3,571,450 Warrants Increasing Ownership to 32.9%"
Newsfile· 2025-05-06 12:30
May 06, 2025 8:30 AM EDT | Source: Canadian Gold Corp. Flin Flon, Manitoba--(Newsfile Corp. - May 6, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces that Robert McEwen, the Company's largest shareholder, has exercised 3,571,450 share purchase warrants at $0.215 per share for proceeds totalling $767,861.75. Mr. McEwen now owns 32.9% of the Company's outstanding shares, in addition to McEwen Mining Inc., where Mr. McEwen is Chairman and CEO, owning 5.7% of the outstanding ...
Investors who lost money on Canopy Growth Corporation (CGC) should contact Levi & Korsinsky about pending Class Action - CGC
GlobeNewswire News Room· 2025-05-05 17:44
Core Viewpoint - A class action securities lawsuit has been filed against Canopy Growth Corporation, alleging securities fraud that negatively impacted investors between May 30, 2024, and February 6, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Canopy Growth Corporation made false statements regarding the costs associated with the production of Claybourne pre-rolled joints and Storz & Bickel vaporizer devices, which were likely to adversely affect the company's gross margins and overall financial results [2]. - It is alleged that the defendants overstated the effectiveness of Canopy's cost reduction measures and the health of its gross margins while downplaying related issues, leading to materially false and misleading public statements [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until June 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Levi & Korsinsky Notifies Canopy Growth Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – CGC
GlobeNewswire News Room· 2025-05-02 18:03
Core Viewpoint - A class action securities lawsuit has been filed against Canopy Growth Corporation, alleging securities fraud that affected investors between May 30, 2024, and February 6, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Canopy Growth Corporation made false statements regarding the significant costs incurred during the launch of Claybourne pre-rolled joints and the impact of these costs on gross margins and overall financial results [2]. - It is alleged that the company overstated the effectiveness of its cost reduction measures while downplaying issues related to gross margins, leading to materially false and misleading public statements [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until June 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States, with over 20 years of experience [4].
Levi & Korsinsky Notifies Shareholders of Canopy Growth Corporation(CGC) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-05-02 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Canopy Growth Corporation, alleging securities fraud that negatively impacted investors between May 30, 2024, and February 6, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Canopy Growth Corporation made false statements regarding the costs associated with the production of Claybourne pre-rolled joints and Storz & Bickel vaporizer devices, which were likely to adversely affect the company's gross margins and overall financial results [2]. - It is alleged that the defendants overstated the effectiveness of Canopy's cost reduction measures and misrepresented the health of its gross margins while downplaying related issues [2]. Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until June 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
The Gross Law Firm Reminds Canopy Growth Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 – CGC
GlobeNewswire News Room· 2025-05-01 16:50
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Canopy Growth Corporation regarding a class action lawsuit due to alleged misleading statements and undisclosed costs impacting the company's financial performance [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from May 30, 2024, to February 6, 2025 [3]. - Allegations include that Canopy Growth incurred significant costs related to the production of Claybourne pre-rolled joints and Storz & Bickel vaporizer devices, which negatively affected gross margins and overall financial results [3]. Impact on Financial Statements - The complaint claims that the defendants overstated the effectiveness of cost reduction measures and the health of gross margins while downplaying related issues, leading to materially false and misleading public statements [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 3, 2025, to participate in potential recovery and receive updates on the case [4]. - Registration does not require appointment as a lead plaintiff and incurs no cost or obligation [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements [5].