Tue07232019

Robins Global News & Noticias



  • Gaming Chair Review
    Gaming Chair Review
  • Data Recovery Review
    Data Recovery Review
  • Online Video Editors
    Online Video Editors
  • Download TV Series
    Download TV Series
  • All Elite Wrestling
    All Elite Wrestling
  • Trump Pence News
    Trump Pence News
  • Weather Alerts
    Weather Alerts

RobinsPost News Network

+ Larger Font | + Smaller Font

Globe NewsWire News Distribution Service

Press Release: CTST CLASS ACTION ALERT: Hagens Berman Alerts CannTrust (CTST) Investors to Securities Class Action, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm


SAN FRANCISCO, July 11, 2019 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP, with nine offices in eight cities around the country and eighty attorneys, alerts investors in Canadian cannabis producer CannTrust Holdings Inc. (NYSE: CTST) to the securities class action, Huang v. CannTrust Holdings Inc. et al., No. 1:19-cv-06396, filed in the U.S. District Court for the Eastern District of New York.

If you purchased or otherwise acquired CTST securities between November 14, 2018 and July 5, 2019 (the “Class Period”) and suffered losses you do not need to sign up to be included in the putative class of investors.

If you suffered significant losses (in excess of $50,000), you may qualify to be a lead plaintiff – one who selects and oversees the attorneys prosecuting the case.  If you wish to serve as a lead plaintiff in this class action, you must move the Court no later than September 9, 2019 (the “Lead Plaintiff Deadline”).  Contact Hagens Berman immediately for more information about the case and being a lead plaintiff:

https://www.hbsslaw.com/hagens-berman-investor-fraud-center/canntrust

or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing

This email address is being protected from spambots. You need JavaScript enabled to view it..

According to the complaint, Defendants misrepresented and concealed that the Company was growing cannabis in its Pelham, Ontario greenhouse facility in five unlicensed rooms between October and March 2018, and that the Company was providing inaccurate information to Canadian regulator Health Canada.

On July 8, 2019, the market began to learn the truth when the Company disclosed that Health Canada found that its Pelham greenhouse facility to be non-compliant with certain regulations.  As a result, Health Canada placed a hold on 5,200 kilograms of dried cannabis harvested from the unlicensed rooms, along with an additional 7,500 kilograms voluntarily held by the Company, until the facility becomes compliant.

On this news, the Company’s share price fell $1.11, or more than 22%, to close at $3.83 per share on July 8, 2019, on unusually heavy trading volume.

“We’re focused on investors’ losses and whether the Company misrepresented and concealed its compliance with applicable laws and regulations,” said Hagens Berman partner Reed Kathrein.

Whistleblowers: Persons with non-public information regarding CTST should consider their options to help in the lawsuit or take advantage of the SEC Whistleblower program.  Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.  For more information, call Reed Kathrein at 510-725-3000 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

About Hagens Berman
Hagens Berman is a national law firm representing investors, whistleblowers, workers and consumers in complex litigation.  More about the firm and its successes is located at hbsslaw.com.  For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:
Reed Kathrein, 510-725-3000

 



Posted: 2019-07-12 00:03:00

Get Full News Story On GlobeNewsWire Press Release Service


Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.


Print Friendly and PDF Share Embed


Related News Stories From The Web And More

Related Bing News

Press Release: CTST CLASS ACTION ALERT: Hagens Berman Alerts CannTrust (CTST) Investors to Securities Class Action, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm | Globe NewsWire News Distribution Service | RobinsPost News Network - Newscast

CTST UPDATE: Hagens Berman Updates Investors in CannTrust (CTST), Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm

Mon, 22 Jul 2019 17:09:00 GMT

SAN FRANCISCO, July 22, 2019 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP updates investors in CannTrust Holdings Inc. (NYSE: CTST) and reminds them ... 2019 (the “Class Period”) and suffered ...

Hagens Berman Reminds CannTrust (CTST) Investors of Lead Plaintiff Deadline, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm

Wed, 17 Jul 2019 17:43:00 GMT

Hagens Berman Sobol Shapiro LLP reminds investors in CannTrust Holdings Inc. (CTST) of the September 9, 2019 Lead Plaintiff deadline in the pending securities class action. If you purchased or ...

Hagens Berman Reminds CannTrust (CTST) Investors of Lead Plaintiff Deadline, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm

Wed, 17 Jul 2019 17:11:00 GMT

SAN FRANCISCO, July 17, 2019 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP reminds investors in CannTrust Holdings Inc. (NYSE: CTST) of the September 9, 2019 Lead Plaintiff deadline in the ...

SHAREHOLDER ALERT: LTHM AOS CTST: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Wed, 17 Jul 2019 12:33:00 GMT

NEW YORK, NY / ACCESSWIRE / July 17, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you ...

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of PSMT, PYX, FDX and CTST

Tue, 16 Jul 2019 06:21:00 GMT

NEW YORK, July 16, Jul 16, 2019 (GLOBE NEWSWIRE via COMTEX) -- NEW YORK, July 16, 2019 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that class action complaints have been filed on behalf of ...

Related Twitter Search

$CTST: Press Release published article on July 15, 21:02:00: CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm s.flashalert.me/EKFP7K

(Tue, 16 Jul 2019 04:26:56 +0000)

$CTST: Press Release published article on July 15, 21:02:00: CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm s.flashalert.me/EKFP7K

$CTST: Press Release published article on July 15, 21:02:00: CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm s.flashalert.me/BWPjM0

(Tue, 16 Jul 2019 04:26:55 +0000)

$CTST: Press Release published article on July 15, 21:02:00: CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm s.flashalert.me/BWPjM0

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered marketcheetah.com/2019/07/16/cts…

(Tue, 16 Jul 2019 02:00:39 +0000)

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered marketcheetah.com/2019/07/16/cts

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm dlvr.it/R8TPfz

(Tue, 16 Jul 2019 01:42:09 +0000)

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm dlvr.it/R8TPfz

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,00 crweworld.com/article/news-p…

(Tue, 16 Jul 2019 01:24:48 +0000)

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,00 crweworld.com/article/news-p

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm hedgeaccordingly.com/ctst-class-act…

(Tue, 16 Jul 2019 01:19:48 +0000)

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm hedgeaccordingly.com/ctst-class-act

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm dlvr.it/R8TMYL #mjba #mjnews

(Tue, 16 Jul 2019 01:17:36 +0000)

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm dlvr.it/R8TMYL #mjba #mjnews

$CTST: Press Release published article on July 15, 21:02:00: CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm s.flashalert.me/cUYcFU

(Tue, 16 Jul 2019 01:15:00 +0000)

$CTST: Press Release published article on July 15, 21:02:00: CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm s.flashalert.me/cUYcFU

$CTST: Press Release published article on July 15, 21:02:00: CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm s.flashalert.me/dfoD3

(Tue, 16 Jul 2019 01:14:54 +0000)

$CTST: Press Release published article on July 15, 21:02:00: CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm s.flashalert.me/dfoD3

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm prn.to/2JAinJU #realestate #CRE pic.twitter.com/WeTLEdAeQh

(Tue, 16 Jul 2019 01:06:36 +0000)

CTST CLASS ACTION UPDATE: Hagens Berman Updates CannTrust (CTST) Investors, Encourages Investors Who Suffered $50,000+ Losses to Contact the Firm prn.to/2JAinJU #realestate #CRE pic.twitter.com/WeTLEdAeQh

Related News Story Videos From Youtube

Largo resources stock market fundamentals and analysis! Is Largo a buy?


Related Videos On: Largo resources stock market fundamentals and analysis! Is Largo a buy?


Is Cannabis the Next Trillion Dollar Market? (w/ Todd Harrison)


Related Videos On: Is Cannabis the Next Trillion Dollar Market? (w/ Todd Harrison)






Blow Us A Whistle

Comments (Whistles) Designed By Disqus




Company Information

Official Content Providers











PRIVACY POLICY

We recommend Firefox 3 (and above), Edge, and Chrome for dynamic performance.
© 2008-2019 RobinsPost (The Bird's Eye View Company) All rights are reserved.
RobinsPost provides links to news sites based on their RSS feeds.
All trademarks, copyrights, videos, photos and logos are owned by news sources.
News stories, videos and live streams are from trusted sources:
Bing News, Google News, Faroo News, NewsApi.org and YouTube Search Results.
ROBINSPOST Is Proudly Made In America.
Where Quality, Safety and Service Comes First.