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Steve Roof v. SterlingC. Scott et al
Case Number:
2:14-cv-03777
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April 22, 2015
GrowLife Shareholder Settlement Offers Reforms, Little Cash
Corporate governance reforms ranging from term limits to annual compliance training, but little in promised cash, are among the terms in a proposed settlement filed Tuesday in California federal court to soothe claims over an alleged stock manipulation scheme run by executives of medical marijuana equipment supplier GrowLife Inc.
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May 16, 2014
SEC Warns Pot Investors Of Scams As GrowLife Execs Sued
The U.S. Securities and Exchange Commission on Friday cautioned investors to avoid being burned by companies tied to the legalized marijuana industry, saying the agency has been forced to halt trading in five pot-linked companies over the past two months because of hazy disclosures and other red flags.