LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of CannTrust Holdings Inc. (“CannTrust” or the “Company”) (NYSE: CTST) investors concerning the Company and its officers’ possible violations of federal securities laws.
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If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to email@example.com, or visit our website at www.glancylaw.com.
On July 8, 2019, the Company announced that a recent audit by Health Canada had found one of its greenhouse facilities non-compliant. Health Canada placed a hold on 5200 kilograms of dried cannabis harvested from the unlicensed rooms, along with an additional 7500 kilograms voluntarily held by the Company, until the facility becomes compliant with regulations.
On this news, the Company’s share price fell as much as 21% during intraday trading on July 8, 2019, thereby injuring investors.
If you purchased CannTrust 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 Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
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