June 02, 2022
A group of investors in a Las Vegas cannabis company are asking a Nevada federal court to approve a settlement to resolve claims that its board knew that a $35 million acquisition wasn't worth that price, saying the internal governance policies in the settlement will prevent such conduct in the future.
September 24, 2019
A Las Vegas cannabis company has asked a Nevada federal court to toss a shareholder lawsuit over a $27 million asset write-down, arguing that it has already atoned for its accounting errors in a $150,000 settlement with the U.S. Securities and Exchange Commission.