August 31, 2022
A Manhattan federal judge has certified for the second time a class of investors in Canadian cannabis company Aphria Inc. in a suit alleging company insiders orchestrated a CA$193 million ($147 million) acquisition deal "for the purpose of stealing money" from the company.
June 01, 2022
Aphria Inc. has urged a New York federal judge to deny class certification he briefly granted to a group of investors who sued the Canadian cannabis company over its purchase of allegedly worthless assets in Latin America, arguing that the investors' effort "suffers from various methodological flaws."
May 10, 2022
A New York federal judge vacated his order certifying a class of investors who sued Aphria Inc. over its purchase of allegedly worthless assets in Latin America after counsel for the Canadian cannabis company argued that class certification was issued before the deadline to respond to the shareholders' original motion.
May 06, 2022
Counsel for Aphria Inc. have urged a New York federal judge to vacate his recent order to certify a class of investors suing the company, arguing that it was issued before the company's deadline to respond to the original motion from shareholders in a suit over allegedly worthless assets the Canadian cannabis company purchased in Latin America.
May 05, 2022
A New York federal judge granted class certification on Thursday to a group of Aphria Inc. shareholders in their suit over allegedly worthless assets the Canadian cannabis company purchased in Latin America.
January 31, 2022
Shareholders of Aphria Inc. have urged a New York federal court to grant them class certification in their suit over allegedly worthless assets the Canadian cannabis company purchased in Latin America, saying each class member suffered damages "in substantially the same manner."
October 15, 2020
Canadian cannabis company Aphria asked a Manhattan federal judge to reconsider his decision to keep a proposed securities class action against the company alive, arguing stock purchases by executives prove they didn't knowingly mislead investors.
October 02, 2020
Canadian cannabis company Aphria Inc. must face an investor lawsuit over its purchase of allegedly worthless assets in Latin America, a Manhattan federal judge ruled, though he cut loose two former directors and the architect of the deals.