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IN RE APHRIA, INC. SECURITIES LITIGATION
Case Number:
1:18-cv-11376
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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August 31, 2022
Canadian Pot Co. Investors Win Class Cert. In Acquisition Suit
A Manhattan federal judge has certified for the second time a class of investors in Canadian cannabis company Aphria Inc. in a suit alleging company insiders orchestrated a CA$193 million ($147 million) acquisition deal "for the purpose of stealing money" from the company.
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June 01, 2022
Pot Co. Aphria Urges Judge To Deny Investors' Class Cert. Bid
Aphria Inc. has urged a New York federal judge to deny class certification he briefly granted to a group of investors who sued the Canadian cannabis company over its purchase of allegedly worthless assets in Latin America, arguing that the investors' effort "suffers from various methodological flaws."
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May 10, 2022
Judge Vacates Pot Co. Investors' Class Certification, For Now
A New York federal judge vacated his order certifying a class of investors who sued Aphria Inc. over its purchase of allegedly worthless assets in Latin America after counsel for the Canadian cannabis company argued that class certification was issued before the deadline to respond to the shareholders' original motion.
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May 06, 2022
Judge Ruled On Investors' Class Cert. Too Early, Pot Co. Says
Counsel for Aphria Inc. have urged a New York federal judge to vacate his recent order to certify a class of investors suing the company, arguing that it was issued before the company's deadline to respond to the original motion from shareholders in a suit over allegedly worthless assets the Canadian cannabis company purchased in Latin America.
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May 05, 2022
Investors In Pot Co. Aphria Win Class Cert. In $144M Suit
A New York federal judge granted class certification on Thursday to a group of Aphria Inc. shareholders in their suit over allegedly worthless assets the Canadian cannabis company purchased in Latin America.
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January 31, 2022
Investors In Pot Co. Aphria Seek Class Cert. In $144M Suit
Shareholders of Aphria Inc. have urged a New York federal court to grant them class certification in their suit over allegedly worthless assets the Canadian cannabis company purchased in Latin America, saying each class member suffered damages "in substantially the same manner."
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October 15, 2020
Pot Co. Says Stock Buys Disprove $144M 'Sham' Asset Plot
Canadian cannabis company Aphria asked a Manhattan federal judge to reconsider his decision to keep a proposed securities class action against the company alive, arguing stock purchases by executives prove they didn't knowingly mislead investors.
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October 02, 2020
Canadian Pot Co. Can't Slip Suit Over $144M 'Sham' Asset Buy
Canadian cannabis company Aphria Inc. must face an investor lawsuit over its purchase of allegedly worthless assets in Latin America, a Manhattan federal judge ruled, though he cut loose two former directors and the architect of the deals.