This official website is maintained by the Administrator under the supervision of counsel to the parties in the action titled Harpreet Badesha v. Cronos Group Inc. et al. (CV-20-00641990-00CP) (the “Ontario Cronos Class Action”), now pending in the Ontario Superior Court of Justice.
There is also a proposed class action captioned In re Cronos Group Inc. Securities Litigation (2:20-cv-01310) filed in the Eastern
District of New York (the “U.S. Proceeding”), which has been brought against Cronos, Michael Gorenstein and Jerry Barbato on
behalf of persons who acquired shares of Cronos during the Class Period on a U.S. stock exchange. The New York court dismissed the
U.S. Proceeding with prejudice on November 11, 2023. The plaintiff in the U.S. Proceeding moved for reconsideration of the dismissal
of the action on December 1, 2023 and has requested an opportunity to amend his complaint. If the motion for reconsideration is denied,
the plaintiff may appeal the dismissal.
It is unnecessary for a class member to opt out of the Ontario Cronos Class Action proceedings to participate in the U.S. Proceeding.
Further information regarding the status of the U.S. Proceeding may be
obtained by contacting counsel for the lead plaintiff at the
contact information below:
Counsel for Lead Plaintiff Keith D. Norman and Lead Counsel for the Class
LABATON KELLER SUCHAROW LLP
Carol Villegas
Christine M. Fox
Jake Bissell-Linsk
140 Broadway
New York, New York 10005
Tel: 212-907-0700
Fax: 212-818-0477
Emails:
cvillegas@labaton.com
cfox@labaton.com
jbissell-linsk@labaton.com
Note: These documents are in PDF format. To view the
documents, you will need Adobe Acrobat Reader
on your computer or other internet-enabled device.
