Aphria ($APHA) Is Paying a CAD $30M Settlement to Investors — Here’s How to Get Your Share

Case: CV-19-0061408600 CP

Aphria TLRY agreed to pay CAD $30 million to settle claims that it misled investors regarding its 2018 international acquisitions of Nuuvera and LATAM, which allegedly involved overvalued transactions and undisclosed conflicts of interest.

This settlement presents a great opportunity for investors to recover some of their losses. Here’s what you need to know to claim your payout.

Who is eligible?

All persons and entities who acquired Aphria Inc. common shares between January 29, 2018, at 7:00 a.m. EST and December 3, 2018, at 8:25 a.m. EST, and were damaged thereby.

Do you have to sell securities to be eligible?

No, if you purchased shares within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your shares.

How long will it take to receive your payout?

The entire process usually takes several months after the claim deadline. But the exact timing depends on the court and settlement administration.

How to claim your payout — and why it's important to act now?

The settlement will be distributed based on the number of claims filed, so submitting your claim early may increase your share of the payout.

In some cases, investors have received up to 200% of their losses from settlements in previous years.

More than 100 companies are currently paying out settlements. Connect your portfolio to automatically check which ones you might have missed — or file manually for this case.