INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Aphria Inc.
December 03 2018 - 9:30PM
Business Wire
The law firm of Kirby McInerney LLP is investigating potential
claims against Aphria Inc. (“Aphria” or the “Company”) (NYSE:
APHA). This investigation concerns whether Aphria has violated
federal securities laws and/or engaged in other unlawful business
practices.
On December 3, 2018, Quintessential Capital Management and
Hindenburg Research issued a report claiming that “Aphria is part
of a scheme orchestrated by a network of insiders to divert funds
away from shareholders into their own pockets” involving the
acquisition of shell companies at artificially inflated prices.
On this news, the price of Aphria shares fell by $1.85, or
approximately 23.4%, to close at $6.05 on December 3, 2018.
If you acquired Aphria securities, have information, or would
like to learn more about these claims, please contact Thomas W.
Elrod of Kirby McInerney LLP at 212-371-6600, by email at
investigations@kmllp.com, or by filling out this contact form, to
discuss your rights or interests with respect to these matters
without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, and whistleblower
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars. Additional information about the firm can be found at
Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20181203006056/en/
Kirby McInerney LLPThomas W. Elrod, Esq., (212)
371-6600investigations@kmllp.comwww.kmllp.com
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