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Zhang Investor Law Announces Securities Class Action Lawsuit Against Cronos Group, Inc. – CRON

Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of  Cronos Group, Inc. (CRON) between May 9, 2019 and March 2, 2020, inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="NEW YORK, March 16, 2020 (GLOBE NEWSWIRE) — Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of &nbsp;Cronos Group, Inc. (CRON) between May 9, 2019 and March 2, 2020, inclusive (the “Class Period”).” data-reactid=”12″>NEW YORK, March 16, 2020 (GLOBE NEWSWIRE) — Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of  Cronos Group, Inc. (CRON) 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="If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2020. &nbsp;A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.&nbsp;” data-reactid=”13″>If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2020.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. 

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="To join the class action, http://zhanginvestorlaw.com/join-action-form/?slug=cronos-group-inc&amp;id=2208 call Sophie Zhang, Esq. toll-free at 800-991-3756 or email&nbsp;[email protected]&nbsp;for information on the class action.” data-reactid=”14″>To join the class action, http://zhanginvestorlaw.com/join-action-form/?slug=cronos-group-inc&id=2208 call Sophie Zhang, Esq. toll-free at 800-991-3756 or email [email protected] for information on the class action.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=cronos-group-inc&amp;id=2208” data-reactid=”15″>如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=cronos-group-inc&id=2208

According to the lawsuit,  throughout the Class Period, defendants and its senior executives presented false and misleading financial statements or omitted (1) Cronos had engaged in significant transactions for which its revenue recognition was inappropriate; (2) the foregoing would foreseeably necessitate reviews that would delay the Company’s ability to timely file its periodic reports; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class has not been certified.  You may retain counsel of your choice.  You may take no action at this time and be an absent class member.  Your ability to obtain a recovery is not dependent upon being a lead plaintiff.  

Zhang Investor Law represents investors worldwide.  Attorney Advertising.  Prior results do not guarantee similar outcomes.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Zhang Investor Law P.C.
99 Wall Street, Suite 232
New York, New York 10005
[email protected]
tel: (800) 991-3756″ data-reactid=”19″>Zhang Investor Law P.C.
99 Wall Street, Suite 232
New York, New York 10005
[email protected]
tel: (800) 991-3756

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