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Share Name | Share Symbol | Market | Type |
---|---|---|---|
CV Sciences Inc (QB) | USOTC:CVSI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0394 | 0.01 | 0.20 | 0.00 | 11:01:56 |
Law Offices of Howard G. Smith reminds investors that all purchasers of the common stock of CannaVEST Corp. (“CannaVEST” or the “Company”) (OTC:CANV) between May 20, 2013 and April 3, 2014, inclusive (the “Class Period”), have until June 23, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit.
CannaVEST develops, produces, markets and distributes hemp-based consumer products to the nutriceutical industry in the United States. The Complaint alleges that throughout the Class Period defendants issued false and misleading statements or failed to disclose that the Company was misrepresenting and inflating its sales and also exaggerating its goodwill.
On April 3, 2014, CannaVEST announced that on March 28, 2014, management concluded that the Company’s previously issued financial statements contained in the Company’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2013, June 30, 2013, and September 30, 2013, should no longer be relied upon, and that sales and cost of sales for the quarter ended March 31, 2013, were misstated.
If you purchased CannaVEST common stock during the Class Period, you may move the Court no later than June 23, 2014, to serve 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, 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 howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.
Law Offices of Howard G. SmithHoward G. Smith, Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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