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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].
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Canopy Growth Corporation (CGC)
GlobeNewswire News Room· 2025-04-09 00:00
Core Viewpoint - A securities class action lawsuit has been filed against Canopy Growth Corporation for failing to disclose significant costs related to product launches, which negatively impacted financial results and gross margins [1][2]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals or entities that purchased Canopy securities between May 30, 2024, and February 6, 2025 [1]. - Allegations include failure to disclose significant costs associated with the Claybourne pre-rolled joints and indirect costs from Storz & Bickel vaporizer devices [2]. Group 2: Financial Impact - Canopy announced disappointing financial results on February 7, 2025, attributing them to costs from the Claybourne product launch and increased indirect costs [3]. - Following the announcement, Canopy's share price dropped by 27.24%, closing at $2.02 on the same day [3]. Group 3: Investor Information - Investors who acquired Canopy shares are encouraged to contact the law firm before the lead plaintiff motion deadline of June 3, 2025 [4].
CGC Investors Have Opportunity to Lead Canopy Growth Corporation Securities Fraud Lawsuit
Prnewswire· 2025-04-08 21:23
NEW YORK, April 8, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Canopy Growth Corporation (NASDAQ: CGC) between May 30, 2024 and February 6, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 3, 2025.So What: If you purchased Canopy Growth securities during the Class P ...
CGC Investors Have Opportunity to Lead Canopy Growth Corporation Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-04-08 14:03
LOS ANGELES, April 8, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Canopy Growth Corporation ("Canopy Growth" or "the Company") (NASDAQ: CGC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between May 30, 2024 and February 6, 2025, inclusive (the "Class ...