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SNDL.US
id: 234

Sundial Growers $7 Million IPO Settlement

S.D. New York
Court
1:19-cv-08913
Case number
01 Aug 2019
Class period Start
31 Oct 2019
Class period End
05 Oct 2022
Claim deadline
Sundial Growers settled $7 million with investors to end claims over IPO.

Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.64
Plaintiffs
0998735 BC LTD, David Draiman, Yimin Huang
Attorneys
The Rosen Law Firm, Levi & Korsinsky
Judge
Hon. Andrew L. Carter, Jr.
Administrator
Strategic Claims Services
Court hearing date
12 October 2022
Settlement conditions
IPO and with connection IPO Docs
Trades matching type
FIFO
+$7,000,000
Total Settlement Amount

Sundial Growers Inc

SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segment...

    Ticker
    SNDL.US
    ISIN
    CA83307B1013
    Sector
    Consumer Defensive
    Industry
    Beverages - Wineries & Distilleries
    Country
    USA
    Address
    919?11 Avenue SW, Calgary, AB, Canada, T2R 1P3