If you are an investor and have suffered a loss with this company, you may be able to recover some of your losses.
Already publicly-traded in Canada, Village Farms started trading on the Nasdaq under the symbol “VFF” in February, 2019.
On April 16, 2019, Citron Research released a report that stated that the SEC should investigate Village Farms. The report alleged that when Village Farms entered into a joint venture with Emerald Health Therapeutics and Pure Sunfarms to get into the cannabis market, it “moved to the dark side by partnering with shady stock promoters that have a track record of failed businesses and [joint ventures] while insiders at both Village Farms and Emerald Health have dumped stock.”
By the end of the trading day, April 16, Village Farms’ stock closed down almost 11%, causing serious injury to investors.
Village Farms used Beacon Securities Limited as lead underwriter, along with Canaccord Genuity and GMP Securities, to raise $20,000,000 for its public offering.
If you were a Village Farms International, Inc. shareholder and want to learn more about your legal rights, contact the Silver Law Group.
Silver Law Group represents the interests of investors who have been the victims of investment fraud. Our attorneys represent investors in class actions against issuers in state or federal court and investors in securities arbitration claims against Wall Street firms for stockbroker misconduct. Scott Silver is the chairman of the Securities and Financial Fraud Group of the American Association of Justice and represents investors nationwide in securities investment fraud cases. Please contact Scott Silver of the Silver Law Group for a free consultation at ssilver@silverlaw.com or toll free at (800) 975-4345.