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Old 08-30-2018, 01:20 PM   #9685
chipmunk604
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All red today, Cronos fell 27.5%

Cronos deceived clients with their distribution deals

https://finance.yahoo.com/news/inves...195800589.html

Quote:
Law Offices of Howard G. Smith announces an investigation on behalf of Cronos Group Inc. investors (“Cronos” or the “Company”) (NASDAQ: CRON) concerning the Company and its officers’ possible violations of federal securities laws.

On August 30, 2018, Citron Research published a report alleging that “Cronos management appears to have been deceiving the investing public by purposely not disclosing the size of its distribution agreements with provinces – unlike every other major cannabis player . . . because the agreements are so small they could never justify the premium investors are paying for the stock.” On this news, shares of Cronos has fallen as much as 26% during intraday trading on August 30, 2018, thereby injuring investors.

If you purchased Cronos securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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