IN RE iANTHUS CAPITAL HOLDINGS, INC. SECURITIES LITIGATION

  1. December 19, 2023

    Pot Co. IAnthus Reports Settlement Deal With Shareholders

    Cannabis company iAnthus Capital Holdings Inc. is settling a pair of shareholder dustups over claims that it made false statements about its business and failed to disclose not using escrowed funds to make certain interest payments, attorneys for two of the parties involved have told a New York federal court.

  2. September 29, 2022

    Pot Co. Investors Get Judge's Green Light After Past Setbacks

    A New York federal judge has tossed some claims by shareholders against embattled cannabis company iAnthus Capital Holdings Inc. and private equity firm Gotham Green Partners but said the investors have now shown that certain transactions at issue in the case were sufficiently domestic under the U.S. Supreme Court's Morrison decision.

  3. December 21, 2021

    IAnthus, Gotham Green Want Investors' Latest Pot Suits Axed

    Cannabis company iAnthus Capital Holdings Inc. and private equity firm Gotham Green Partners have once again asked a New York federal court to toss a pair of shareholders' securities fraud suits over purportedly misleading disclosures and allegedly self-interested financing deals.

  4. November 04, 2021

    IAnthus Investors Revise Pot Co. Suits To Beat Legal Hurdles

    Cannabis company iAnthus Capital Holdings Inc. has been hit with a pair of amended shareholder suits after a New York federal judge determined the investors' previous complaints didn't satisfy a landmark U.S. Supreme Court decision's requirements for domestic trading activity.

  5. November 23, 2020

    IAnthus, Cannabis PE Firm Want Securities Suit Tossed

    Canadian cannabis company iAnthus Capital Holdings Inc. and investor Gotham Green Partners have asked a New York federal court to toss claims brought by a shareholder over iAnthus' allegedly self-interested financing deals with Gotham Green.

  6. May 29, 2020

    COVID-19 Securities Catch-Up: The 8 Biggest Investor Actions

    At least 50 federal securities cases with references to COVID-19 have been filed in the past three months, including merger challenges, regulatory enforcement actions and sprawling investor suits, according to a Law360 review of filings. As the pandemic pushes into the summer, Law360 is taking a look at eight major investor actions that were brought in connection with the novel coronavirus since March.

  7. May 20, 2020

    Pot Co. Investor Says Shady Debt Deals Led To Default

    The largest shareholder in iAnthus Capital Holdings Inc. has slapped the cannabis company with a securities fraud suit in New York federal court, alleging the firm's ravenous appetite for debt and a former executive's self-dealing destroyed its market value.

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