Securities and Exchange Commission v. Leibowitz

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Case Number:

1:25-cv-02155

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Jennifer L. Rochon

Firms

Companies

Government Agencies

Sectors & Industries:

  1. July 23, 2025

    Ex-Cannabis Co. CFO OK'd To Argue Good Faith In SEC Case

    A former executive of cannabis company Acreage Holdings Inc., accused of falsifying the company's financials, will be permitted to argue that he was acting in good faith, a Manhattan federal judge said Wednesday, finding it was too early to know whether attorney-client privilege would block his defense.

  2. May 13, 2025

    SEC Says Ex-Pot Co. CFO Can't Cite Atty Advice As Shield

    The U.S. Securities and Exchange Commission told a New York federal judge that a former executive of cannabis company Acreage Holdings Inc. accused of falsifying the company's financials cannot allege he was relying on advice from attorneys without forgoing the attorney-client privilege that would shield those communications.

  3. March 17, 2025

    SEC Says Ex-CFO Cooked Pot Co. Acreage's Books

    The former chief financial officer of cannabis company Acreage faces U.S. Securities and Exchange Commission allegations that he covered up the company's attempt to inflate its 2019 cash balance with a so-called round-trip transaction involving an affiliate.