Glancy Prongay & Murray LLP Announces Investigation on Behalf of Cronos Group Inc. Investors
LOS ANGELES--(BUSINESS WIRE)--Aug 30, 2018--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Cronos Group Inc. (“Cronos” or the “Company”) (NASDAQ: CRON ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On August 30, 2018, Citron Research published a report alleging that “Cronos management appears to have been deceiving the investing public by purposely not disclosing the size of its distribution agreements with provinces – unlike every other major cannabis player . . . because the agreements are so small they could never justify the premium investors are paying for the stock.” On this news, shares of Cronos has fallen as much as 26% during intraday trading on August 30, 2018, thereby injuring investors.
If you purchased Cronos securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005823/en/
CONTACT: Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Glancy Prongay & Murray LLP
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PUB: 08/30/2018 08:00 PM/DISC: 08/30/2018 08:00 PM