BENSALEM, Pa.–(BUSINESS WIRE)–
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Law Offices of Howard G. Smith announces an investigation on behalf of Aurora Cannabis Inc. (“Aurora” or the “Company”) (NYSE: ACB) investors concerning the Company and its officers’ possible violations of federal securities laws.” data-reactid=”12″>Law Offices of Howard G. Smith announces an investigation on behalf of Aurora Cannabis Inc. (“Aurora” or the “Company”) (NYSE: ACB) investors concerning the Company and its officers’ possible violations of federal securities laws.
On November 14, 2019, the Company released an earnings report in which it reported a 24% sequential decline in revenue of C$75.3 versus C$98.9 in the previous quarter. In addition to this decline in revenue, the Company also announced that plans to finalize construction of additional grow facilities in both Denmark and Canada have been delayed.
On this news, the Company’s share price fell $0.56, or nearly 17%, to close at $2.73 per share on November 15, 2019, thereby injuring investors.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="If you purchased Aurora 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.” data-reactid=”15″>If you purchased Aurora 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="View source version on businesswire.com: https://www.businesswire.com/news/home/20191118005837/en/” data-reactid=”18″>View source version on businesswire.com: https://www.businesswire.com/news/home/20191118005837/en/
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