An investigation on behalf of current long term investors in Cronos Group Inc. (NASDAQ: CRON) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 12/10/2018 -- Certain directors of Cronos Group Inc are under investigation over potential breaches of fiduciary duties.
Investors in Cronos Group Inc. (NASDAQ: CRON) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: CRON stocks follows a lawsuit filed recently against Cronos Group Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: CRON stocks, concerns whether certain Cronos Group directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose that the size of Cronos' distribution agreements with the provinces was relatively small, and that, as a result of the foregoing, Defendants' positive statements about Cronos' business, operations, and prospects were materially false and/or misleading, and/or lacked a reasonable basis.
Those who purchased shares of Cronos Group Inc. (NASDAQ: CRON) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.