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BRIEF-Sundial Growers Responds to Baseless Class Action Lawsuits

Published 2019-10-09, 09:18 a/m
Updated 2019-10-09, 09:21 a/m
© Reuters.  BRIEF-Sundial Growers Responds to Baseless Class Action Lawsuits

Oct 9 (Reuters) - Sundial Growers Inc SNDL.O :

* SUNDIAL GROWERS ISSUES RESPONSE

* SUNDIAL GROWERS INC - ISSUES RESPONSE REGARDING CLASS ACTION LAWSUITS FILED AGAINST CO "ALLEGING VIOLATIONS OF U.S. SECURITIES LAWS"

* SUNDIAL GROWERS - "STRONGLY BELIEVE THAT SUNDIAL DID NOT MISLEAD INVESTORS AND DISCLOSED ALL MATERIAL INFORMATION TO INVESTORS IN OUR IPO"

* SUNDIAL GROWERS INC - ALL OF CO'S CUSTOMER AGREEMENTS INCLUDE PROVISIONS TO REPLACE OR RETURN PRODUCT UNDER CERTAIN CONDITIONS

* SUNDIAL GROWERS INC - AMOUNT OF PRODUCT RETURNED WAS A FRACTION OF 554 KILOGRAMS QUOTED IN ARTICLE

* SUNDIAL GROWERS INC - RETURN OF PRODUCT HAD NO IMPACT ON Q2 FINANCIAL RESULTS AND IS EXPECTED TO HAVE A NEGLIGIBLE IMPACT ON Q3 EARNINGS

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