Tag: Aurora Cannabis

The Daily Hit: October 16, 2024

News from: Aurora Cannabis, KUSH Collective, Delaware and more. The Daily Hit is a recap of the top financial news stories for Wednesday, October 16, 2024. On the Site Judge gives initial OK to $8M Aurora Cannabis class-action settlement The suit accused Aurora of engaging in a $21.7 million “round-trip sale” to artificially juice its […]

Judge gives initial OK to $8M Aurora Cannabis class-action settlement

A federal judge granted preliminary approval to an $8.05 million settlement between Aurora Cannabis Inc. (NASDAQ: ACB) and investors who accused the company of misleading them through an boomerang deal to inflate its revenue, Law360 reported. U.S. Magistrate Judge James B. Clark III gave the initial nod to the proposed settlement on Oct. 10, setting […]