Law Offices of Howard G. Smith reminds investors of the March 8,
2019 deadline to file a lead plaintiff motion in the class action
filed on behalf of investors that purchased Liberty Health Sciences
Inc. (“Liberty” or the “Company”) (OTC: LHSIF)
securities between June 28, 2018 and December 3, 2018, inclusive
(the “Class Period”).
Investors suffering losses on their Liberty investments are encouraged
to contact the Law Offices of Howard G. Smith to discuss their legal
rights in this class action at 888-638-4847 or by email to firstname.lastname@example.org.
In September 2018, Liberty sold its stake in Aphria Inc. (“Aphria”). On
December 3, 2018, Quintessential Capital Management and Hindenburg
Research issued a report entitled “Aphria: A Shell Game with a Cannabis
Business on the Side,” claiming that Aphria was part of a scheme
orchestrated by a network of insiders to divert funds away from
shareholders and into their own pockets.
On this news, Liberty’s stock price fell $0.36 per share, or nearly 34%,
over the next two trading days to close at $0.70 on December 4, 2018,
thereby injuring investors.
The complaint filed in this class action alleges that defendants made
false and/or misleading statements and/or failed to disclose that: (i)
Liberty, in conjunction with Aphria, was involved in a scheme whereby
numerous fraudulent acquisitions and transactions were made to provide
undue benefits to both companies’ insiders; and (ii) as a result,
Liberty’s public statements were materially false and misleading at all
If you purchased shares of Liberty during the Class Period you may move
the Court no later than March 8, 2019 to ask the Court to
appoint you as lead plaintiff if you meet certain legal requirements. To
be a member of the Class you need not take any action at this time; you
may retain counsel of your choice or take no action and remain an absent
member of the Class. If you wish to learn more about this action, or if
you have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Howard G. Smith,
Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite
112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
toll-free at (888) 638-4847, or by email to email@example.com,
or visit our website at http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190111005503/en/