An investigation on behalf of current long term investors in iAnthus Capital Holdings, Inc. (OTC:ITHUF) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 08/14/2020 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors of iAnthus Capital Holdings, Inc.
Investors who are current long term investors in iAnthus Capital Holdings, Inc. (OTC: ITHUF) 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 OTC: ITHUF stocks follows a lawsuit filed against iAnthus Capital Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in OTC: ITHUF stocks, concerns whether certain iAnthus Capital Holdings, Inc. and directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company's ability to pay its interest obligations under various debenture agreements, and that as a result of defendants' alleged false and misleading statements, the Company's stock traded at artificially inflated prices between May 14, 2018 and April 6, 2020.
Those who purchased shares of iAnthus Capital Holdings, Inc. (OTC: ITHUF) 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.