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Investigation for Long-Term Investors in shares of Cronos Group Inc. (NASDAQ: CRON) announced

06-12-2020 12:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Cronos Group Inc. (NASDAQ: CRON) shares.

An investigation on behalf of current long term investors in Cronos Group Inc. (NASDAQ: CRON) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Cronos Group Inc..

Investors who are current long term investors in Cronos Group Inc. (NASDAQ: CRON) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: CRON stocks follows a lawsuit filed against Cronos Group Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: CRON stocks, concerns whether certain Cronos Group Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges thatthe 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:
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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