LOS ANGELES–(BUSINESS WIRE) – Schall Law Firm, a national shareholder rights law firm, announces that it has made claims on behalf of investors in GrowGeneration Corp. ("GrowGeneration" or "the company") (NASDAQ: GRWG) investigated for violations of the securities laws.
The investigation focuses on whether the company has made false and / or misleading statements and / or has failed to disclose information that is relevant to investors. GrowGeneration is the subject of a research report published by Hindenburg Research on August 21, 2020. The report, titled "GrowGeneration: This Latest Euphoric Retail Stock Has the Brightest Red Management Flags We've Ever Seen – 70% + Downside" is numerous allegations made against the company who rate its executive team as "one of the most questionable we've ever been in Have seen a publicly traded company "label. According to the report, "top executives have close relationships with suspected pump and dump systems, organized crime and various types of fraud". Based in part on this report, GrowGeneration's shares traded heavily on August 20 and 21, 2020, hurting investors.
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In this case, the class is not yet certified and you will not be represented by an attorney until certification. If you don't take action, you can remain an absent class member.
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