Monteverde & Associates PC Filed A Class Action Lawsuit On Behalf Of Shareholders Of GW Pharmaceuticals, PLC In The Southern District Of California

By On Jun 6, 2021

NEW YORK, June 4, 2021 / PRNewswire / – It is hereby announced that Monteverde & Associates PC has filed a class action lawsuit The United States District Court for the southern district of California, Ziegler v. GW Pharmaceuticals, PLC et al., File Number 3: 21-cv-01019, on behalf of the holders of American Depositary Shares of GW Pharmaceuticals, PLC, (“GW” or the “Company”) (Nasdaq: GWPH), as of the Record Date Held securities of GW, March 10, 2021 (the “Class Period”) and have been harmed by alleged violations by GW and its directors of Sections 14 (a) and 20 (a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in relation to the acquisition of GW ( the “Fusion”) of Jazz Pharmaceuticals, PLC (Nasdaq: JAZZ).

On May 5, 2021, every GW ADS has been canceled and converted to $ 200 cash and 0.120360 Jazz common stock (the “Merger Consideration”). The lawsuit alleges that the merger consideration harmed GW’s shareholders by providing them with less than the intrinsic value of the company and that GW’s letter of attorney with the US Securities and Exchange Commission required the approval of the company’s shareholders Soliciting the merger that misled shareholders about the company’s finances and the merger in violation of the Stock Exchange Act.

If you want to appear as the lead plaintiff for the class action, you must go to court no later than August 3, 2021. Either member of the alleged group can have the court lead plaintiff through an attorney of their choice, or they can choose not to do anything and remain an absent member of the group.

For more information, click here: http://monteverdelaw.com/case/gw-pharmaceuticals-plc. It’s free and there are no costs or obligations.

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Monteverde & Associates PC is a national class action and consumer litigation law firm that has recovered millions of dollars on behalf of shareholders and is committed to protecting investors and consumers from business violations. Monteverde & Associates attorneys have extensive experience litigating mergers & acquisitions and securities class actions, protecting investors by reclaiming funds and resolving corporate misconduct. Mr. Monteverde, who leads the firm’s legal team, was named a Rising Star in Securities Litigation by Super Lawyers in 2013, 2017-2019, an accolade given to less than 2.5% of attorneys in any given field. He was also selected by Martindale-Hubbell Best Rated Lawyer 2017-2020.

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Contact:
Juan E. Monteverde, left.
MONTEVERDE & ASSOCIATED PC
The Empire State Building
350 Fifth Avenue, Suite 4405
New York, NY 10118
United States from America
[email protected]
Tel: (212) 971-1341

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SOURCE Monteverde & Associates PC