Brodsky & Smith, LLC today announced that it’s investigating various class-action lawsuits against several companies, with one being CannTrust Holdings (TSX:TRST) (NYSE:CTST). On the news, CTST stock dropped nearly 5% in morning trade.
Here’s what we know.
CTST Stock Falls on Class-Action Suit NewsIn a news release, Brodsky & Smith, LLC, which is a Bala Cynwyd-based company, said that, according to the complaint, the defendants failed to inform investors of different things, starting with how CannTrust was growing cannabis in its greenhouse in Pelham when applications for regulatory approval were still pending. The ...
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