Cannabis Grower Refutes Investor Allegations As Insufficient In Pleading Fraud

Mealey's (December 8, 2021, 1:47 PM EST) -- NEWARK, N.J. — Dismissal of federal securities law claims in a shareholder class action against a cannabis company and certain of its current and former senior executives and directors is necessary because a second amended complaint filed by the lead plaintiffs fails to cure the pleading deficiencies that led to a prior dismissal of the claims, the defendants argue in a Dec. 6 motion to dismiss filed in New Jersey federal court....