A deadline is coming up on November 25, 2019 in the lawsuit filed for certain investors of Sundial Growers Inc. (NASDAQ: SNDL over alleged securities laws violations by Sundial Growers Inc.
Investors who purchased shares of Sundial Growers Inc. (NASDAQ: SNDL) have certain options and there are strict and short deadlines running. Deadline: November 25, 2019. NASDAQ: SNDL 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 Sundial Growers Inc. (NASDAQ: SNDL) common shares, that the defendants violated Federal Securities Laws.
More specifically, the plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that Sundial Growers Inc failed to supply saleable cannabis in line with contractual obligations to Zenabis Global Inc, that due to material quality issues, Zenabis had to return or reject a total of 554 kg of cannabis to Sundial, valued at approximately U.S. $1.9 million (C$2.5 million), and that as a result, defendants’ statements about Sundial’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Sundial Growers Inc. (NASDAQ: SNDL) 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.
