The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Neptune Wellness Solutions Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 19, 2020 /Schall Law Firm, a national shareholder law firm, has announced that it will be filing a class action lawsuit against Neptune Wellness Solutions Inc. (“Neptune” or “the Company”) (NASDAQ: NEPT) for violations of 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b-5 issued by the Securities and Exchange Commission.

Investors who purchased the Company’s securities between July 24, 2019 and February 16, 2021 (including the “Class Period”) are requested to contact the Company before May 17, 2021.

If you are a shareholder who has suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall law firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights at no 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 yet 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.

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This press release may be viewed as a solicitor’s advertisement in some jurisdictions under applicable laws and ethical rules.

CONTACT:
The law firm Schall
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE: The law firm Schall

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