Scheme Liability Claim Not Overlooked In Cannabis Company’s Securities Suit

Mealey's (October 1, 2021, 2:11 PM EDT) -- NEW YORK — A federal judge in New York on Sept. 28 ruled that lead plaintiffs in a securities class action against a Canadian cannabis company and certain of its current and former senior executives are not entitled to reconsideration of the judge’s ruling dismissing a scheme liability claim against the company’s chairman of the board of directors because the lead plaintiffs failed to properly bring the claim in their amended complaint....