NEW YORK, May 22, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of iAnthus Capital Holdings, Inc. (ITHUF) between May 14, 2018 and April 6, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for iAnthus investors under the federal securities laws.
To join the iAnthus class action, go to http://www.rosenlegal.com/cases-register-1855.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email firstname.lastname@example.org or email@example.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.
According to the lawsuit, defendants made materially false and misleading statements regarding the Company’s business, operational, and compliance policies. Specifically, defendants issued a series of statements representing that the Company’s business operations, financed through various debt and equity offerings, were expanding throughout the United States, without disclosing