Press release
Lawsuit filed for Long-Term Investors in CV Sciences, Inc. (OTC: CVSI) against certain directors of CV Sciences, Inc
A lawsuit was filed by a current investor in CV Sciences, Inc. (OTC: CVSI) shares over alleged breaches of fiduciary duties.
Investors who purchased shares of CV Sciences, Inc. (OTC: CVSI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The plaintiff alleges that executives at CV Sciences, Inc hid the fact its application for a patent on a CBD and nicotine product was denied, misleading investors who believed the company was still waiting for a decision from the U. S. Patent and Trademark Office.
The lawsuit follows a lawsuit that was filed in August 2018 against CV Sciences, Inc. (OTC: CVSI) over alleged violations of Federal Securities Laws. The plaintiff claims that between June 19, 2017 and August 20, 2018, the Defendants failed to disclose that its Patent #15/426,617 received a non-final rejection from the USPTO on April 27, 2017, that a final rejection from the USPTO on December 14, 2017, and that as a result of the foregoing, Defendants' statements about CV Sciences' business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
Those who purchased shares of CV Sciences, Inc. (OTC: CVSI) 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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