Shareholders Foundation, Inc.

NASDAQ:CRON Shareholder Notice: Investigation over Potential Wrongdoing at Cronos Group Inc.

An investigation on behalf of investors in Cronos Group Inc. (NASDAQ:CRON) shares over potential wrongdoing at Cronos Group Inc. was announced.


San Diego, CA -- (SBWIRE) -- 02/16/2022 -- Certain directors of Cronos Group Inc. are under investigation over potential breaches of fiduciary duties by certain officers and directors at Cronos Group Inc.

Investors who purchased shares of Cronos Group Inc. (NASDAQ: CRON) have certain options and should contact the Shareholders Foundation at or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Cronos Group Inc. (NASDAQ: CRON officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Cronos Group Inc. reported that its annual Total Revenue rose from $23.75 million in 2019 to $46.71 million in 2020.

On November 9, 2021, Cronos Group Inc. filed a Form 8-K with the SEC in which it disclosed that it had determined the previous day that the Company would "be required to restate its previously issued unaudited interim financial statements for the three and six months ended June 30, 2021" and that "[t]he Company's financial statements for this period should therefore no longer be relied upon."

Shares of Cronos Group Inc. (NASDAQ: CRON) declined from $6.79 per share on November 8, 2021, to $3.12 per share on January 24, 2022.

Those who purchased shares of Cronos Group Inc. (NASDAQ: CRON) have certain options and should contact the Shareholders Foundation.

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

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.