Mealey's (December 7, 2021, 1:31 PM EST) -- NEW YORK — Lead plaintiffs in a securities class action alleging that a cannabis grower and others concealed quality control issues with its product leading up to the company’s initial public offering (IPO) in violation of federal securities law asked a federal judge in New York on Dec. 3 to grant preliminary approval of a $7 million proposed settlement, arguing that the proposed settlement is fair, reasonable and adequate....