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Stock impact report

Neptune Wellness Solutions, Inc. Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm

Neptune Wellness Solutions Inc. - Ordinary Shares (NEPT) 
Company Research Source: GlobeNewswire
LOS ANGELES, May 13, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Neptune Wellness Solutions, Inc. (NASDAQ: NEPT) investors that acquired shares between July 24, 2019 to February 16, 2021. Investors have until May 17, 2021 to seek an active role in this litigation. Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case. It is alleged in this complaint that Neptune made misleading and false statements to the market. Neptune suffered from higher costs to integrate the operations and assets of its SugarLeaf acquisition than it acknowledged, which placed a considerable strain on Neptune’s capital reserves. It was reasonably foreseeable that Neptune’s need to raise additional capital through additional stock offerings was reasonably foreseeable. Neptune’s public statements were material Show less Read more
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