Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of HEXO Corp. (NYSE: HEXO) resulting from allegations that HEXO may have issued materially misleading business information to the investing public.
On March 17, 2020 HEXO announced that it would delay the release of its second quarter 2020 financial results to record a significant impairment charge and to amend its MD&A disclosures for its first and second quarter to address concerns raised by the Ontario Securities Commission.
On this news, HEXO’s common stock dropped more than 30% in price in early trading.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by HEXO investors. If you purchased shares of HEXO please visit the firm’s website at http://www.rosenlegal.com/cases-register-1813.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827