Lead Counsel Field In Curaleaf Stock Suit Narrowed To 2

Law360 (October 21, 2019, 9:58 PM EDT) — The lead counsel tussle in a proposed class action against cannabis giant Curaleaf Holdings Inc. has been winnowed down to two firms, with Levi & Korsinsky LLP and Wolf Haldenstein Adler Freeman & Herz LLP edging out four other competitors for the reins in a cannabidiol labeling stock drop case.

Levi & Korsinsky and Wolf Haldenstein filed dueling briefs in New York federal court Friday claiming their respective clients suffered the biggest losses after Curaleaf’s specious health claims and a warning about them from federal regulators sent shares sliding 7%. The remaining law firms bowed out of the running Friday, court records…

Author: CSN