Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Cronos Group Inc (NASDAQ: CRON) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Cronos Group Inc (NASDAQ: CRON) concerning whether a series of statements by Cronos Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On August 30, 2018, a report published by Citron Research stated that “Cronos management appears to have been deceiving the investing public by purposely not disclosing the size of its distribution agreements with provinces – unlike every other major cannabis player . . . because the agreements are so small they could never justify the premium investors are paying for the stock.”
Following this news, NASDAQ: CRON dropped sharply during intraday trading on August 30, 2018.
Based in Toronto, Canada, and founded in January 2013, Cronos Group Inc is a principal investment firm.
If you purchased shares of Cronos Group Inc (NASDAQ: CRON) on or before August 30, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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