Trulieve Cannabis Corp.
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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Trulieve Cannabis Corp. (OTCQX: TCNNF) from September 25, 2018 through December 17, 2019 (the “Class Period”). The lawsuit seeks to recover damages for Trulieve Cannabis Corp. investors under the federal securities laws.
If you bought Trulieve Cannabis Corp. securities between September 25, 2018 through December 17, 2019, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Trulieve Cannabis Corp. – TCNNF
New York, N.Y., January 2, 2020. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Trulieve Cannabis Corp. (OTCQX: TCNNF) between September 25, 2018 and December 17, 2019, inclusive (the “Class Period”).
To join the TCNNF class action, go to http://zhanginvestorlaw.com/cases/trulieve-cannabis-corp/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU NEED NOT BE A LEAD PLAINTIFF TO OBTAIN COMPENSATION.
According to the lawsuit, throughout the Class Period (1) Trulieve overstated its mark-up on its biological assets; (2) therefore, Trulieve’s reported gross profit was inflated; (3) Trulieve engaged in an undisclosed related party real estate sale with Defendant Rivers’ husband; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 28, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/trulieve-cannabis-corp/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at email@example.com.
Zhang Investor Law represents investors worldwide.