Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 28, 2020 to file lead plaintiff applications in a securities class action lawsuit against Trulieve Cannabis Corp. (OTC: TCNNF).
Trulieve and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On December 17, 2019, a report published by Grizzly Research highlighted a range of allegations against the Company including that most of its cultivation space consisted of hoop houses that produce low quality output,” extensive ties between Trulieve and FBI corruption probes, that the Company’s initial license approval “stinks of corruption,” and undisclosed related party transactions.
On this news, the price of Trulieve’s shares plummeted.
If you purchased securities of Trulieve and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or fill out the form on this page.
The case is McNear v. Trulieve Cannabis Corp. et al, 19-cv-07289. Click here to read the case complaint.