Pot Co. Liberty Health Agrees To Settle $1.8M Securities Row

Law360 (November 20, 2020, 8:20 PM EST) -- Canadian cannabis company Liberty Health Sciences Inc. announced it has agreed to pay $1.8 million to settle a proposed federal securities class action suit just as it was about to enter its third year.

In a letter filed Thursday to the U.S. District Court for the Southern District of New York, counsel for Liberty said the company anticipated filing a proposed settlement by the first week of January. The announcement came one day before the parties were scheduled to hold oral arguments on a slew of dismissal motions.

"The settlement is made without any admission or finding of liability and is...

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