For individuals that purchased CannTrust Holdings stock in either the secondary market or traceable to CannTrust’s May 6, 2019 between June 1, 2018, and Sep. 17, 2019, then you are eligible for a potential award from the CannTrust Securities Class Action Lawsuit!
According to the lawsuit, Plaintiff alleges the share price of CannTrust declined after July 8, 2019, when the company received a compliance report from Health Canada that explained how one greenhouse facility in Ontario was non-compliant with legal regulations.
CannTrust denies all acts of allegations, however, they have agreed to settle the class-action lawsuit in order to avoid the further risk and cost of ongoing litigation. So if you are eligible, file a claim by March 16, 2022 to receive your potential award!
CannTrust Securities Class Action Lawsuit
- CannTrust Securities Claim Form
- Claim Form Deadline: March 16, 2022
- Who’s Eligible: Settlement Class Members include anyone who purchased or acquired common shares of CannTrust between June 1, 2018, and Sep. 17, 2019.
- Estimated Amount: Varies
- Proof of Purchase: Documentation may consist of copies of broker confirmation slips, broker account statements or an authorized statement from your broker containing the transactional information found in a broker confirmation slip.
- Case Name & Number: In Re: CannTrust Holdings Inc. Securities Litigation, Case No. 1:19-cv-06396-jpo, in the U.S. District Court Southern District of New York
How To File a Claim:
- Head over to the CannTrust Securities Cereal Claim Form.
- Look over the claim form to see if you are eligible.
- Complete the claim form with your information.
- Submit your claim by March 16, 2022 to receive your potential award!
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Bottom Line:
For individuals in the United States who, between June 1, 2018, and Sep. 17, 2019, purchased or acquired common shares of CannTrust, then you are eligible for a potential award from the CannTrust Securities Class Action Lawsuit! According to the lawsuit, if you are eligible, file a claim by March 16, 2022 to receive your potential award!
Don’t forget to take a look at our full list of Class Action Lawsuit Settlements and our No Proof Required Class Action Lawsuits list.
(Click here to file a claim)
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