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Canopy Growth Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before June 3, 2025 to Discuss Your Rights - CGC
Prnewswire· 2025-04-18 09:45
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 and misrepresented the health of its gross margins while downplaying related issues [2]. Group 2: Investor Information - 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: Law 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].
Lost Money on Canopy Growth Corporation(CGC)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-04-17 09:45
NEW YORK, April 17, 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:https://securitiesclasslaw.com/securities/canopy-growth-corporation-loss-submission-form-2/?id=143349&from=4 CLASS PERIOD: ...
Robbins LLP Reminds CGC Stockholders With Large Losses to Contact the Firm for Information About Leading the Class Action Lawsuit Against Canopy Growth Corporation
GlobeNewswire News Room· 2025-04-16 20:06
SAN DIEGO, April 16, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Canopy Growth Corporation (NASDAQ: CGC) securities between May 30, 2024 and February 6, 2025. Canopy, together with its subsidiaries, produces, distributes, and sells cannabis and hemp-based products for recreational and medical purposes. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call a ...
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Canopy Growth Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - CGC
GlobeNewswire News Room· 2025-04-16 00:39
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Canopy Growth Corporation securities between May 30, 2024, and February 6, 2025, of the upcoming lead plaintiff deadline on June 3, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Canopy Growth securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by June 3, 2025 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Canopy Growth made false and misleading statements regarding the costs associated with the production of Claybourne pre-rolled joints and the impact on gross margins [5]. - It is claimed that the company overstated the efficacy of its cost reduction measures and downplayed issues affecting its gross margins, leading to materially false public statements [5]. - The lawsuit asserts that when the true details became known, investors suffered damages as a result [5].
INVESTOR ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Canopy Growth Corporation and Certain Officers - CGC
Prnewswire· 2025-04-14 20:14
NEW YORK, April 14, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Canopy Growth Corporation ("Canopy" or the "Company") (NASDAQ: CGC) and certain officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 25-cv-01877, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Canopy securities between May 30, 2024 and February 6, ...
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Canopy Growth Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - CGC
GlobeNewswire News Room· 2025-04-12 19:30
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Canopy Growth Corporation securities between May 30, 2024, and February 6, 2025, alleging that the company made false and misleading statements regarding its financial health and cost management [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Canopy Growth incurred significant costs related to the production of Claybourne pre-rolled joints and Storz & Bickel vaporizer devices, which negatively impacted its gross margins and overall financial results [5]. - Defendants allegedly overstated the effectiveness of Canopy Growth's cost reduction measures while downplaying issues related to gross margins, leading to materially false and misleading public statements [5]. - Investors are encouraged to join the class action to seek compensation without any out-of-pocket fees through a contingency fee arrangement [2][3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions of dollars for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, achieving significant recoveries in previous cases [4]. - Investors can join the class action by submitting a form or contacting the firm directly for more information [3][6].
Levi & Korsinsky Notifies Canopy Growth Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - CGC
Prnewswire· 2025-04-11 09:45
NEW YORK, April 11, 2025 /PRNewswire/ -- 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://zlk.co ...
CANOPY GROWTH ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Canopy Growth Corporation and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-04-11 01:00
Core Viewpoint - A class action lawsuit has been filed against Canopy Growth Corporation for allegedly making false and misleading statements regarding its financial performance and cost management during the specified Class Period [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit was filed in the United States District Court for the Eastern District of New York on behalf of all individuals and entities who purchased Canopy Growth securities between May 30, 2024, and February 6, 2025 [1]. - Investors have until June 3, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against Canopy Growth - The lawsuit claims that Canopy Growth incurred significant costs related to the production of Claybourne Co. pre-rolled joints, which negatively impacted its gross margins and overall financial results [3]. - It is alleged that the company overstated the effectiveness of its cost reduction measures and the health of its gross margins while downplaying related issues [3]. - The lawsuit asserts that the public statements made by the defendants were materially false and misleading throughout the Class Period, leading to investor damages when the true details were revealed [3].
Canadian Gold Corp. Doubles the Phase 4 Drill Program at Tartan Mine Following McEwen Mining Investment
Newsfile· 2025-04-10 11:30
Canadian Gold Corp. Doubles the Phase 4 Drill Program at Tartan Mine Following McEwen Mining InvestmentApril 10, 2025 7:30 AM EDT | Source: Canadian Gold Corp.Flin Flon, Manitoba--(Newsfile Corp. - April 10, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce its plans to double the size of its Phase 4 drill program at the Tartan Mine, located near Flin Flon, Manitoba, following McEwen Mining's recent 5.9% equity investment. The Phase 4 program wil ...
Canopy Growth Corporation Class Action: 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
Prnewswire· 2025-04-10 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][2]. Allegations - The complaint alleges that Canopy Growth 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 the health of its gross margins while downplaying related issues [1]. - As a result, the public statements made by the defendants are considered materially false and misleading throughout the relevant period [1]. Class Action Details - The class period for the lawsuit is from May 30, 2024, to February 6, 2025 [1]. - Shareholders are encouraged to register for the class action by June 3, 2025, to potentially be appointed as lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and good corporate citizenship [3].