Goodwin Procter Report Says Class-action lawsuits on rise against public hemp firms

Federal class action securities lawsuits against publicly traded hemp and marijuana businesses doubled from 2018 to 2019, a trend that’s typical in an emerging industry, according to the report.

More than half the suits were filed against Canadian companies that trade on U.S. stock exchanges.
The report, by Boston law firm Goodwin Procter, detailed 13 cases filed in U.S. federal courts in 2019 compared with six in 2018. The cases included marijuana and CBD companies.

Click on the image to read the report as a flipbook

Primary Sponsors

Get Connected

Karma Koala Podcast

Top Marijuana Blog