ITHUF.US
id: 631, Created by Stan Vick, Scout
iAnthus Capital Holdings (ITHUF) $2.9M Shareholder Settlement
How it works?
- Company agreed to settle with investors to avoid further litigation
- We prepare documents and claim payout for you
S.D. New York
Court1:20-CV-03135
Case number14 May 2018
Class period Start10 Jul 2020
Class period EndiAnthus Capital Holdings (ITHUF) agreed to settle $2.9 million to investors to end securities litigation over hiding its ability to pay its interest obligations under various debenture agreements.
All persons and entities who purchased or otherwise acquired iAnthus securities between May 14, 2018, and July 10, 2020, may be entitled to payouts.
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.07
Filing date
15 April 2020
Plaintiffs
Jose Antonio Silva
Attorneys
Bronstein, Gewirtz & Grossman, LLC (New York, NY), Pomerantz LLP (New York, NY)
Defendants
Hadley C. Ford, Julius John Kalcevich, Jason Adler.
Judge
Hon. Naomi Reice Buchwald
Administrator
A.B. Data Ltd
Settlement agreement date
2023-03-21
Trades matching type
FIFO
+$2,900,000
Total Settlement Amount