Lead Plaintiff Deadline is October 23, 2018
NEW YORK, Oct. 11, 2018 — Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District for the District of Nevada against CV Sciences, Inc. (“CV Sciences” or the “Company”) (OTCMKT: CVSI) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired CV Sciences securities between June 19, 2017 and August 20, 2018, both dates inclusive (the “Class Period”).
Investors who have incurred losses in the shares of CV Sciences, Inc. are urged to contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.
If you have incurred losses in the shares of CV Sciences, Inc., you may, no later than October 23, 2018, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in CV Sciences, Inc.
The filed Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that its Patent #15/426,617:
- received a non-final rejection from the USPTO on April 27, 2017;
- a final rejection from the USPTO on December 14, 2017; and
- consequently, Defendants’ statements about CV Sciences’ business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
On August 20, 2018, Citron Research alleged that CV Sciences misrepresented the status of one of its key patents. Citron Research said that the Company failed to disclose a rejected patent that the Company “continued to hype.”
Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at [email protected], or visit our website at www.whafh.com.
Wolf Haldenstein Adler Freeman & Herz LLP Kevin Cooper, Esq. Gregory Stone, Director of Case and Financial Analysis Email: [email protected], [email protected] or [email protected] Tel: (800) 575-0735 or (212) 545-4774
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