The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Neptune Wellness Solutions Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
THE ANGEL, April 2, 2021 / PRNewswire / – Schall law firm, a national shareholder rights law firm, is reminding investors of a class action lawsuit filed against Neptune Wellness Solutions Inc. (“Neptune” or “the Company”) (NASDAQ: NEPT) for violating Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and rule 10b-5 published by the US Securities and Exchange Commission.
Investors who have bought the Company’s securities between July 24, 2019 and February 16, 2021inclusive (the “Lesson Period”) it is recommended to contact the Company beforehand 17th of May2021.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to get in touch Brian Schall the law firm Schall, 2049 Century Park East, Suite 2460, Los Angeles, California 90067, 310-301-3335 to discuss your rights free of charge. You can also contact us on the company’s website at www.schallfirm.com or by email at [email protected].
In this case, the class has not been certified and you will not be represented by a lawyer until certification. If you don’t take action, you can remain an absent class member.
According to the complaint, the company made false and misleading statements to the market. Neptune suffered higher costs to integrate the assets and operate its SugarLeaf acquisition as recognized, which put a significant strain on the company’s capital reserves. It was reasonably foreseeable that the company would have to raise additional capital through additional stock offerings. Because of these facts, the company’s public statements were false and materially misleading throughout the teaching period. When the market learned the truth about Neptune, investors suffered damage.
Join the case to make up for your losses.
Schall law firm represents investors around the world and specializes in class action and shareholder disputes.
This press release may be viewed as a solicitor’s advertisement in some jurisdictions under applicable laws and ethical rules.
The law firm Schall
Brian Schall, Esq.,
SOURCE The law firm Schall