October 11, 2022
A New York federal judge said he is down with a $7 million deal ending a class action suit by David Draiman, singer for the heavy metal band Disturbed, which accused a Canadian cannabis company of concealing product quality issues ahead of its $143 million initial public offering.
December 06, 2021
A proposed class of investors in Sundial Growers Inc. has asked for initial approval of a $7 million settlement that would end their suit accusing the Canadian cannabis company of concealing issues of cannabis quality ahead of its $143 million initial public offering.
June 24, 2020
A proposed class of investors in Canadian cannabis company Sundial Growers asked a New York federal judge on Tuesday not to toss their suit accusing the company of concealing issues of cannabis quality ahead of its $143 million initial public offering.
May 28, 2020
Canadian cannabis company Sundial Growers told a New York federal court that a proposed shareholder class action over contaminated pot falls flat because investors were warned about quality control risks inherent to producing marijuana.