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Stock impact report

INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Tilray, Inc. and Encourages Investors to Contact the Firm Before May 5

Tilray Brands, Inc. (TLRY) 
Last tilray brands, inc. earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Tilray, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY) securities during the period from January 15, 2019 through March 2, 2020. Investors have until May 5, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.The lawsuit alleges that the Company failed to disclose that: (i) the purported advantages of the marketing and revenue sharing agreement with Authentic Brands Group (“ABG”) announced by Tilray on January 15, 2019 (the “ABG Agreement”) were significantly overstated; and (ii) the underperformance of the ABG Agreement would foreseeably have a significant impact on the Company’s financial results.On March 2, 2020, Tilray reported disappointing financial results for the fourth quarter and full year 2019 and announced that “the Company recorded non Show less Read more
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