INVESTOR ALERT: Law Offices of Howard G. Smith Announces Lead Plaintiff
Deadline In The Class Action Lawsuit Against CannaVEST Corp.
BENSALEM, Pa. -- May 27, 2014
Law Offices of Howard G. Smith reminds investors that all purchasers of the
common stock of CannaVEST Corp. (“CannaVEST” or the “Company”) (OTC:CANV)
between May 20, 2013 and April 3, 2014, inclusive (the “Class Period”), have
until June 23, 2014, to file a motion to be appointed as lead plaintiff in the
CannaVEST develops, produces, markets and distributes hemp-based consumer
products to the nutriceutical industry in the United States. The Complaint
alleges that throughout the Class Period defendants issued false and
misleading statements or failed to disclose that the Company was
misrepresenting and inflating its sales and also exaggerating its goodwill.
On April 3, 2014, CannaVEST announced that on March 28, 2014, management
concluded that the Company’s previously issued financial statements contained
in the Company’s Quarterly Reports on Form 10-Q for the quarters ended March
31, 2013, June 30, 2013, and September 30, 2013, should no longer be relied
upon, and that sales and cost of sales for the quarter ended March 31, 2013,
If you purchased CannaVEST common stock during the Class Period, you may move
the Court no later than June 23, 2014, to serve as lead plaintiff, if you meet
certain legal requirements. To be a member of the Class, you need not take any
action at this time; you may retain counsel of your choice or take no action
and remain an absent member of the Class. If you wish to learn more about this
action, please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone
at (215) 638-4847, Toll Free at (888) 638-4847, or by email to
firstname.lastname@example.org, or visit our website at
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
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