Alberta court allows class action to proceed [Investment Executive - News]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Investment Executive - News
A proposed securities class action against a cannabis company and a couple of former executives — alleging that investors were harmed by their misrepresentations — has been allowed to continue by an Alberta court, which rejected the defendants' arguments seeking to have the case dismissed. The Court of Appeal of Alberta rejected an appeal from Aurora Cannabis Inc., and a couple of former executives — Terry Booth and Glenn Ibbott — who are facing a proposed class action suit for alleged secondary market misrepresentation. According to the court's decision, in August 2020, an investor (Robert Landry) filed a proposed class action, asserting a claim for alleged negligent misrepresentation, and a claim under the Securities Act, alleging liability for misleading secondary market disclosure. Among other things, the lawsuit alleged that they made misrepresentations about the company's growth in September 2019, which were corrected in November and December of that year. However, invest
Show less
Read more
Impact Snapshot
Event Time:
ACB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACB alerts
High impacting Aurora Cannabis Inc. - Common Shares news events
Weekly update
A roundup of the hottest topics
ACB
News
- Aurora Advances Global Medical Cannabis Portfolio with New Product Launches Across Key International Markets [Yahoo! Finance]Yahoo! Finance
- Aurora Advances Global Medical Cannabis Portfolio with New Product Launches Across Key International Markets [TheStreet.com]TheStreet.com
- Aurora Advances Global Medical Cannabis Portfolio with New Product Launches Across Key International MarketsPR Newswire
- Alberta court allows class action to proceed [Advisor.ca (Canada)]Advisor.ca
- Aurora Cannabis: Why I Like This Stock [Seeking Alpha]Seeking Alpha
ACB
Earnings
- 2/4/26 - Beat
ACB
Sec Filings
- 4/28/26 - Form 6-K
- 4/16/26 - Form 6-K
- 4/15/26 - Form 6-K
- ACB's page on the SEC website