Class Action Reports

Levi & Korsinsky Announces Aurora Cannabis Class Action Investigation; ACB Lawsuit

Levi & Korsinsky, LLP

December 2, 2019

Levi & Korsinsky, LLP announces that a ACB class action lawsuit has been commenced on behalf of investors who purchased Aurora Cannabis Inc. (ACB) securities between September 11, 2019 and November 14, 2019. For more on the Aurora Cannabis Class Action please contact us today.

According to the Aurora Cannabis lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) as opposed to the Company’s representations, Aurora’s revenue would decline in its first quarter of fiscal 2020 ended September 30, 2019; (2) the Company would halt construction on its Aurora Nordic 2 and Aurora Sun facilities; and (3) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE ACB CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/aurora-cannabis-inc-loss-form?prid=4567&wire=9

If you suffered a loss in Aurora Cannabis you have until January 21, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com