Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Cronos Group Inc. (CRON) Class Action Lawsuit (March 2020)

Closed

2:20cv1310 • March 11, 2020

Class Period Start

May 9, 2019

Class Period End

March 30, 2020

PSLRA Deadline

May 11, 2020

Case Allegations

10b5

Statutes of Repose

May 9, 2022

Country

United States

Court

Federal Court

Docket History

Jul 20, 2026

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Dec 2, 2025

Motion for Preliminary Approval of Settlement

The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.

Jan 10, 2025

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in Cronos Group Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Dec 11, 2023

No Appeal- Closed

Nov 11, 2023

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Apr 22, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Nov 23, 2020

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Cronos Group Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Oct 22, 2020

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Mar 12, 2020

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Cronos Group Inc.. The allegations and class definitions are substantively the same.

Mar 11, 2020

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Cronos Group Inc..

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