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IN RE iANTHUS CAPITAL HOLDINGS, INC. SECURITIES LITIGATION
Case Number:
1:20-cv-03135
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Glancy Prongay
- Levine Lee
- McAfee & Taft
- Perkins Coie
- Petrillo Klein
- Pomerantz LLP
- Reed Smith
- Rigrodsky Law
- Riker Danzig
- Sills Cummis
- Stinson LLP
Companies
Sectors & Industries:
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June 20, 2023
Investors Seek OK To Notice Of $2.9M Pot Co. Stock Drop Deal
A group of investors alleging that cannabis company iAnthus Capital Holdings Inc. and private equity firm Gotham Green Partners inflated iAnthus' stock price are asking a New York federal judge to give the go-ahead to send out notice of a $2.9 million deal to settle the suit.
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March 22, 2023
Pot Co. Inks $2.9M Deal To End Investors' Stock Drop Suit
A proposed class of investors is asking a New York federal court to give the go-ahead on a $2.9 million deal to end claims that cannabis company iAnthus Capital Holdings Inc. and private equity firm Gotham Green Partners inflated iAnthus' stock price.
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September 29, 2022
Pot Co. Investors Get Judge's Green Light After Past Setbacks
A New York federal judge has tossed some claims by shareholders against embattled cannabis company iAnthus Capital Holdings Inc. and private equity firm Gotham Green Partners but said the investors have now shown that certain transactions at issue in the case were sufficiently domestic under the U.S. Supreme Court's Morrison decision.
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March 22, 2022
IAnthus, Gotham Green Again Seek Toss Of Investor Suits
Cannabis company iAnthus Capital Holdings Inc. and private equity firm Gotham Green Partners have again urged a New York federal court to toss a pair of shareholders' securities fraud suits, saying the claims should be litigated in Canada and are meritless anyway.
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February 04, 2022
Investors Fight Bids To Toss IAnthus, Gotham Green Pot Suits
Shareholders who brought a pair of securities fraud suits against cannabis company iAnthus Capital Holdings Inc. and private equity firm Gotham Green Partners have urged a New York federal court not to toss the suits, arguing that they belong in the Southern District of New York.
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December 21, 2021
IAnthus, Gotham Green Want Investors' Latest Pot Suits Axed
Cannabis company iAnthus Capital Holdings Inc. and private equity firm Gotham Green Partners have once again asked a New York federal court to toss a pair of shareholders' securities fraud suits over purportedly misleading disclosures and allegedly self-interested financing deals.
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August 31, 2021
Pot Co. IAnthus Dodges Investor Suit, For Now
Cannabis company iAnthus Capital Holdings Inc. has escaped shareholder suits for now, a New York federal judge has ruled, after the plaintiffs couldn't satisfy a landmark U.S. Supreme Court decision's requirements for domestic trading activity.
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July 09, 2020
Pomerantz Nabs Lead Role In Cannabis Stock-Drop Suit
A New York federal judge on Thursday appointed Pomerantz LLP as lead counsel to represent iAnthus Capital Holdings Inc. investors over claims the cannabis company tried to use the coronavirus pandemic to explain away a missed $4.4 million interest payment, after four firms vied for the position.
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June 16, 2020
4 Firms Vie To Lead Cannabis Co. Stock Drop Suit
Four firms, including Pomerantz LLP and Glancy Prongay & Murray LLP, have placed bids to represent iAnthus Capital Holdings Inc. investors over claims the cannabis company tried to use the coronavirus pandemic to explain away a missed $4.4 million interest payment.
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May 29, 2020
COVID-19 Securities Catch-Up: The 8 Biggest Investor Actions
At least 50 federal securities cases with references to COVID-19 have been filed in the past three months, including merger challenges, regulatory enforcement actions and sprawling investor suits, according to a Law360 review of filings. As the pandemic pushes into the summer, Law360 is taking a look at eight major investor actions that were brought in connection with the novel coronavirus since March.