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APHA.US
id: 1662

Aphria (APHA) CAD $30M Investor Settlement

Late claims are being considered for compensation, subject to approval.
$30,000,000
Cash Settlement
CV-19-0061408600 CP
Case number
01/29/2018
Class period Start
12/03/2018
Class period End
08/26/2025
Claim deadline
Aphria (APHA) has agreed to settle CAD $30,000,000 with investors to resolve claims that it misled the market regarding its 2018 international acquisitions of Nuuvera and LATAM.
Case Type
Canadian Securities Class Action
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Filing date
02/07/2019
Plaintiffs
Vecchio Longo Consulting Services Inc.
Attorneys
Rochon Genova LLP
Defendants
Vecchio Longo Consulting Services Inc.
Judge
E.M. Morgan
Administrator
Verita Global
Attorney fee
$9,000,000
Trades matching type
FIFO

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