CRON.US
id: 1614
Cronos Group (CRON) Investor Settlement
The parties have reached an agreement to settle the case, but the terms are still being finalized.
E.D. New York
Court2:20-cv-01310
Case number05/19/2019
Class period Start03/30/2020
Class period EndCronos Group has reached a settlement with $CRON investors over claims it inflated revenue through sham cannabis sales and hid major financial reporting weaknesses in 2019.
Case Type
US Securities Class Action
Case Status
Tentative Settlement
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Filing date
03/11/2020
Plaintiffs
Keith D. Norman
Attorneys
Robbins Geller Rudman & Dowd LLP
Defendants
Michael Gorenstein; Jerry F. Barbato; William Hilson
Judge
Eric N. Vitaliano
Trades matching type
FIFO
Frequently Asked Questions
Who is eligible for this settlement?
Do I have to sell securities to be eligible?
How long does the payout process take?
How to get your payout?
What is 11th.com?