Harborside, Inc. Securities Litigation

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Lawsuit Overview

Defendant:HARBORSIDE INC
Date Filed:September 8th, 2020
Class Start Date:July 2nd, 2019
Class End Date:August 12th, 2020

According to the Complaint, Harborside, Inc. purports to be a vertically-integrated cannabis company.

The Complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Harborside had undisclosed material weaknesses and insufficient financial controls; (2) Harborside's previously issued financial statements were false and unreliable; (3) Harborside's earlier reported financial statements would need restatement; (4) as a result of the foregoing and subsequent reporting delays, Harborside's Canadian stock trading would be suspended; (5) Harborside downplayed the negative impacts of errors and delays regarding its financial statements; and (6) as a result, Defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

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First Identified Complaint

Rihanna Shahrohkimanesh, et al. v. Harborside, Inc., et al.

Date Filed:September 8th, 2020
Class Period Start:July 2nd, 2019
Class Period End:August 12th, 2020
First Identified Complaint Filings
#Document TitleFiling Date