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In Re Sundial Growers Inc. Securities Litigation
Case Number:
1:19-cv-08913
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- A&O Shearman
- Bernstein Liebhard
- Cravath Swaine
- Glancy Prongay
- Goodwin Procter
- Keller Postman
- Levi & Korsinsky
- Mulholland & Knapp
- Pomerantz LLP
Companies
Sectors & Industries:
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October 11, 2022
Judge OKs Cannabis Co. Investors' $7M Deal To End IPO Suit
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.
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December 06, 2021
Cannabis Co. Investors Want $7M Deal To End IPO Suit
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.
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June 24, 2020
Investors Fight Cannabis Co. Sundial's Bid To Nix IPO Suit
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.
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May 28, 2020
Canadian Pot Co. Says Investors Knew Of Contamination Risk
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.