INVESTOR ALERT: Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Cronos Group, Inc. (CRON) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Cronos Group, Inc. ("Cronos" or the "Company") (NASDAQ: CRON) on behalf of investors who purchased shares of the Company's stock between May 9, 2019, and March 2, 2020, inclusive (the "Class Period"). Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="PHILADELPHIA, March 11, 2020 /PRNewswire/ — Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Cronos Group, Inc. ("Cronos" or the "Company") (NASDAQ: CRON) on behalf of investors who purchased shares of the Company’s stock between May 9, 2019, and March 2, 2020, inclusive (the "Class Period").” data-reactid=”12″>PHILADELPHIA, March 11, 2020 /PRNewswire/ — Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Cronos Group, Inc. (“Cronos” or the “Company”) (NASDAQ: CRON) on behalf of investors who purchased shares of the Company’s stock between May 9, 2019, and March 2, 2020, inclusive (the “Class Period”).

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Cronos investors who suffered an investment loss in excess of $100,000 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or by email at [email protected], to discuss this action and their legal rights and options.  Additional information about this action may also be found at http://kaskelalaw.com/case/cronos-group-inc/.” data-reactid=”13″>Cronos investors who suffered an investment loss in excess of $100,000 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or by email at [email protected], to discuss this action and their legal rights and options. Additional information about this action may also be found at http://kaskelalaw.com/case/cronos-group-inc/.

The shareholder class action lawsuit alleges that Cronos issued a series of false and misleading statements to investors during the Class Period about the Company’s business, operational and compliance policies. Specifically, the complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose that: (i) Cronos had engaged in significant transactions for which its revenue recognition was inappropriate; (ii) the foregoing would foreseeably necessitate reviews that would delay the Company’s ability to timely file its periodic reports; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="IMPORTANT DEADLINE:  Investors who purchased Cronos’ securities during the Class Period may, no later than May 11, 2020, seek to be appointed as a lead plaintiff representative in the action. ” data-reactid=”15″>IMPORTANT DEADLINE: Investors who purchased Cronos’ securities during the Class Period may, no later than May 11, 2020, seek to be appointed as a lead plaintiff representative in the action.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Investors are encouraged to contact Kaskela Law LLC for additional information about this action.  Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation.  For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.” data-reactid=”16″>Investors are encouraged to contact Kaskela Law LLC for additional information about this action. Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.