An investigation for investors in Cronos Group Inc. (NASDAQ:CRON) shares over potential securities laws violations by Cronos Group Inc. was announced.
San Diego, CA -- (SBWIRE) -- 12/06/2021 -- Cronos Group Inc. is under investigation over potential securities laws violations by Cronos Group Inc. in connection with certain financial statements.
Investors who purchased shares of Cronos Group Inc. (NASDAQ: CRON), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on 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 November 9, 2021, Cronos Group Inc. filed a Form 8-K with the SEC in which it disclosed that it had determined the previous day that the Company would "be required to restate its previously issued unaudited interim financial statements for the three and six months ended June 30, 2021" and that "[t]he Company's financial statements for this period should therefore no longer be relied upon."
Shares of Cronos Group Inc. (NASDAQ: CRON) declined from $6.79 per share on November 8, 2021, to $4.13 per share on December 2, 2021.
Those who purchased shares of Cronos Group Inc. (NASDAQ: CRON) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.