BUSINESS: ROSEN A LONGSTANDING LAW FIRM, Encourages Cronos Group Inc. Investors With Losses In Excess $100K To Inquire About Class Action Investigation – CRON

dWeb.News Article from Daniel Webster dWeb.News

by Daniel Webster, dWeb.News Publisher

NEW YORK, Nov. 25, 2021 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Cronos Group Inc. (NASDAQ: CRON) resulting from allegations that Cronos may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Cronos securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is currently preparing a class action to recover investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to http://www.rosenlegal.com/cases-register-2202.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On November 9, 2021, Cronos filed a Form 8-K with the SEC in which it disclosed that it had determined the previous day that the Company would “be required to restate its previously issued unaudited interim financial statements for the three and six months ended June 30, 2021” and that “[t]he Company’s financial statements for this period should therefore no longer be relied upon.” On this news, Cronos’ share price dropped nearly 16%, damaging investors.

WHY ROSEN LAW We encourage investors to choose qualified counsel who have a track record in leadership roles. Many notices issued by firms do not reflect the experience, resources, or recognition of peers. Choose wisely when selecting counsel. The Rosen Law Firm represents investors around the world, with a focus on shareholder derivative litigation and securities class actions. Rosen Law Firm achieved the largest securities class action settlement against any Chinese company. Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Lawdragon and Super Lawyers have recognized many of the firm’s lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Past results are not indicative of a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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The post BUSINESS: ROSEN A LONGSTANDING LAW FIRM, Encourages Cronos Group Inc. Investors With Losses In Excess $100K To Inquire About Class Action Investigation – CRON appeared first on dWeb.News dWeb.News from Daniel Webster Publisher dWeb.News – dWeb Local Tech News and Business News

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