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IAN.CN.TO
id: 1183

iAnthus (IAN) CAD $500k Shareholder Settlement

CV-20-00644524
Case number
14 May 2018
Class period Start
05 Apr 2020
Class period End
iAnthus Capital Holdings (IAN) agreed to settle CAD $500k to investors to end securities litigation over hiding its ability to pay its interest obligations under various debenture agreements.

They are also paying a $2.9M settlement to US investors for the same case.
Case Status
Stipulative Settlement
Alleged Offence
Mismanagement
Misleading Statements
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Plaintiffs
Timothy Kwong
Defendants
Hadley Ford, Julius Kalcevich
Administrator
EPIQ
Objection deadline
31 January 2024
Trades matching type
FIFO
+$500,000
Cash Settlement Amount

Frequently Asked Questions

iAnthus Capital Holdings Inc

iAnthus Capital Holdings, Inc. owns and operates licensed cannabis cultivation, processing, and dispensary facilities in the United States. It offers biomass products, such as pre-rolls; cannabis i...

    Ticker
    IAN.CN.TO
    ISIN
    CA45074T1021
    CIK
    1643154
    Sector
    Healthcare
    Industry
    Drug Manufacturers - Specialty & Generic
    Country
    USA
    Address
    420 Lexington Avenue, New York, NY, United States, 10170