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Investors Say Pot Co. Aurora Must Face Sham Deal Claims - Vimarsana News

Investors Say Pot Co. Aurora Must Face Sham Deal Claims

A proposed class of investors has urged a New Jersey federal court to reject Canadian pot giant Aurora's bid to toss their securities case, arguing they've sufficiently alleged the business executed a $21.7 million sham deal with an affiliated entity in an attempt to reach a positive balance sheet.

Source: law360.com
Investors Say Pot Co. Aurora Must Face Sham Deal Claims - Vimarsana News

Investors Say Pot Co. Aurora Must Face Sham Deal Claims

A proposed class of investors has urged a New Jersey federal court to reject Canadian pot giant Aurora's bid to toss their securities case, arguing they've sufficiently alleged the business executed a $21.7 million sham deal with an affiliated entity in an attempt to reach a positive balance sheet.

Source: law360.com
Investors Say Pot Co. Aurora Must Face Sham Deal Claims - Vimarsana News

Investors Say Pot Co. Aurora Must Face Sham Deal Claims

A proposed class of investors has urged a New Jersey federal court to reject Canadian pot giant Aurora's bid to toss their securities case, arguing they've sufficiently alleged the business executed a $21.7 million sham deal with an affiliated entity in an attempt to reach a positive balance sheet.

Source: law360.com