INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Aphria Inc.
NEW YORK--(BUSINESS WIRE)--Dec 3, 2018--The law firm of Kirby McInerney LLP is investigating potential claims against Aphria Inc. (“Aphria” or the “Company”) (NYSE: APHA ). This investigation concerns whether Aphria has violated federal securities laws and/or engaged in other unlawful business practices.
On December 3, 2018, Quintessential Capital Management and Hindenburg Research issued a report claiming that “Aphria is part of a scheme orchestrated by a network of insiders to divert funds away from shareholders into their own pockets” involving the acquisition of shell companies at artificially inflated prices.
On this news, the price of Aphria shares fell by $1.85, or approximately 23.4%, to close at $6.05 on December 3, 2018.
If you acquired Aphria securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at email@example.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181203006056/en/
CONTACT: Kirby McInerney LLP
Thomas W. Elrod, Esq., (212) 371-6600
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Kirby McInerney LLP
Copyright Business Wire 2018.
PUB: 12/03/2018 09:30 PM/DISC: 12/03/2018 09:30 PM