San Diego, CA -- (SBWire) -- 05/17/2021 --A deadline is coming up on May 17, 2021 in the lawsuit filed for certain investors of Neptune Wellness Solutions Inc (NASDAQ: NEPT).
Investors who purchased shares of Neptune Wellness Solutions Inc (NASDAQ: NEPT) have certain options and there are strict and short deadlines running. Deadline: May 17, 2021. NASDAQ: NEPT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of purchasers of Neptune Wellness Solutions Inc (NASDAQ: NEPT) common shares between July 24, 2019 and February 16, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between July 24, 2019 and February 16, 2021, the Defendants failed to disclose to investors that the cost of Neptune's integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company's capital reserves, that accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Neptune Wellness Solutions Inc (NASDAQ: NEPT) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Neptune Wellness Solutions Inc (NASDAQ:NEPT) Investor Alert: Deadline in Lawsuit on May 17, 2021
A Deadline is coming up on May 17, 2021 in the lawsuit for certain investors in Neptune Wellness Solutions Inc (NASDAQ:NEPT).