Cannabis/photo by Baatun/Shutterstock.com
According to NERA Economic Consulting’s annual report, released on Tuesday, six lawsuits alleged securities fraud against cannabis companies. There was only one in 2018.
January 21, 2020 at 05:15 PM
1 minute read
staff reporter
The original version of this story was published on Law.com
A new target emerged in 2019 for shareholder lawsuits: the cannabis industry.
According to NERA Economic Consulting’s annual report, “Recent Trends in Securities Class Action Litigation: 2019 Full-Year Review,” released on Tuesday, six lawsuits alleged securities fraud against cannabis companies, including Aurora Cannabis Inc. and CannTrust Holdings Inc. There was only one in 2018.
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