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Deadline in Lawsuit for Investors in shares of iAnthus Capital Holdings, Inc. (OTC: ITHUF) on June 15th coming up

06-04-2020 09:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on June 15, 2020 in the lawsuit for certain investors in iAnthus Capital Holdings, Inc. (OTC: ITHUF).

A Deadline is coming up on June 15, 2020 in the lawsuit for certain investors in iAnthus Capital Holdings, Inc. (OTC: ITHUF).

The Shareholders Foundation announced that a deadline is coming up on June 15, 2020 in the lawsuit filed for certain investors of iAnthus Capital Holdings, Inc. (OTC: ITHUF) over alleged securities laws violations by iAnthus Capital Holdings, Inc.

Investors who purchased shares of iAnthus Capital Holdings, Inc. (OTC: ITHUF) have certain options and there are strict and short deadlines running. Deadline: June 15, 2020. OTC: ITHUF stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of iAnthus Capital Holdings, Inc. (OTC: ITHUF) common shares between May 14, 2018 and April 6, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 14, 2018 and April 6, 2020, the defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company's ability to pay its interest obligations under various debenture agreements, and that as a result of defendants' alleged false and misleading statements, the Company's stock traded at artificially inflated prices between May 14, 2018 and April 6, 2020.

Those who purchased shares of iAnthus Capital Holdings, Inc. (OTC: ITHUF) have certain options and should contact the Shareholders Foundation.

Media Contact:
Christopher Clausen
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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