Cannabis companies have become targets for class-action lawsuits by investors in recent years. The reason for this is not difficult to discern: the rapidly growing sector is turbulent, and plaintiffs’ lawyers are typically looking for big drops in stock prices when searching for litigation targets. Michael Jones, a Complex Litigation & Dispute Resolution partner at Goodwin and co-author of a recent report on securities class-action lawsuits describes the industry as still relatively nascent. Read the Politico Pro article here.
In The Press June 22, 2021