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Deadline on May 11th coming up in Lawsuit for Investors in shares of Cronos Group Inc. (NASDAQ: CRON)

05-01-2020 03:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on May 11, 2020 in the lawsuit for certain investors in Cronos Group Inc. (NASDAQ: CRON).

A Deadline is coming up on May 11, 2020 in the lawsuit for certain investors in Cronos Group Inc. (NASDAQ: CRON).

The Shareholders Foundation announced that a deadline is coming up on May 11, 2020 in the lawsuit filed for certain investors of Cronos Group Inc. (NASDAQ: CRON) over alleged securities laws violations by Cronos Group Inc.

Investors who purchased shares of Cronos Group Inc. (NASDAQ: CRON) have certain options and there are strict and short deadlines running. Deadline: May 11, 2020. NASDAQ: CRON stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Cronos Group Inc. (NASDAQ: CRON) common shares between May 9, 2019, and March 2, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 9, 2019, and March 2, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that Cronos had engaged in significant transactions for which its revenue recognition was inappropriate, that the foregoing would foreseeably necessitate reviews that would delay the Company's ability to timely file its periodic reports, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Cronos Group Inc. (NASDAQ: CRON) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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