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Tchatchou v. India Globalization Capital, Inc. et al

  1. April 15, 2022

    CBD Co. Investors Win $370K In Attorney Fees, Costs

    The attorneys and lead plaintiffs who represented a proposed class of investors in India Globalization Capital Inc. will receive over $370,000 following settlement of their claims that the company hurt investors by announcing it would make a CBD drink in Malaysia, where doing so is punishable by death.

  2. March 17, 2022

    Attorneys Seek $371K For Suit Over CBD Drink Debacle

    Investors in India Globalization Capital Inc. have asked a federal judge in Maryland to sign off on the distribution of about $371,000 to the attorneys and lead plaintiffs, who accused the company of hurting investors by announcing plans to produce a CBD energy drink in Malaysia, where making cannabis products is punishable by death.

  3. October 21, 2021

    CBD Co. Will Pay $1M To End Investors' Energy Drink Suit

    A proposed class of investors asked for preliminary approval Wednesday of a $1 million settlement they reached with India Globalization Capital over claims the company misled investors about plans to manufacture a CBD energy drink in Malaysia even though cannabis production is illegal in the country.

  4. December 13, 2019

    CBD Co. Says It Never Misled Investors About Energy Drink

    A Maryland-based CBD company has asked a federal judge to consider the full range of documents that it says show the company never misrepresented the legality of its products, as investors have alleged in a proposed class action for securities fraud.

  5. November 13, 2019

    Investors Say They Were Misled About Legality Of CBD Drink

    Investors in a proposed shareholder class action doubled down on their claims that India Globalization Capital lied about its business and its plans to make CBD energy drinks, costing them millions of dollars.