(TLRY) Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Investigation of Tilray, Inc. and Encourages Investors to Contact the Firm

NEW YORK, March 4, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Tilray, Inc. ("Tilray" or "the Company") (NASDAQ: TLRY). Investors who purchased Tilray securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/tlry.   

The investigation concerns whether Tilray and certain of its officers and/or directors have violated federal securities laws.

On March 2, 2020, Tilray announced its financial results for the fourth quarter and full year 2019, which fell significantly short of consensus estimates and included a net loss of $219.1 million for the quarter, a $112 million impairment charge related to assets, and a $68 million inventory write-down. On this news, Tilray's stock price fell $2.33 per share, or 15.18%, to close at $13.02 per share on March 3, 2020.

If you are aware of any facts relating to this investigation, or purchased Tilray shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/tlry. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

Related Links

https://www.bgandg.com/

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