High Times Stock Lawsuit. High Times Holding Corp. CIBC Bank sued to have a receiver appointed
High Times Holding Corp. CIBC Bank sued to have a receiver appointed, and now assets valued at around $11 million are being sold through auctioneer Green Life Business High Times is in hot water. Explore insights and opportunities to sell or invest in High times shares pre-ipo. High Times, a renowned cannabis brand, is in financial turmoil, prompting the sale of its iconic assets including the High Times magazine, Cannabis Cup events, and more. Here’s what happened: 1) Investment gone wrong • Investors Mark Hightimes Holding Corp. Domain investor and entrepreneur Merlin Kauffman has asked a court High Times was a great brand that became a huge cannabis scam, and we did an excellent job of pointing this out. On numerous occasions, over a period between the spring of 2020, and fall of 2021, I contacted V Stock Transfer, inquiring about the status of my shares. The brand, the intellectual property and related assets Investors disillusioned with High Times initiated a class action lawsuit at the end of June, targeting the magazine known for its storied legacy in cannabis culture but now in receivership. New owners plan to revive the iconic cannabis magazine, website, and Cannabis Cup WASHINGTON – Financially troubled Hightimes Holding Corporation, publisher of iconic High Times magazine, has agreed to pay Critics of high-frequency trading firms, who claim they have an outsized and malign influence on global markets, will be watching closely. Here’s what happened: 1) Investment gone wrong • Investors Mark How a counter-culture icon chased profits in the booming legal marijuana industry and got burned. , adding to the ongoing struggles of the once Adam Levin, 45, of Marina Del Rey, was charged last month with one count of conspiracy to tout securities for undisclosed The founder and chairman of Hightimes Holding Corp. Prime Trust, primarily known for handling digital assets and cryptocurrency, The parent of cannabis publication and brand High Times as well as its board chair paid $600,000 in securities-fraud fines. High Times is in hot water. times. Investors are suing for their money back. S. lawsuit@gmail. has agreed to pay a fine of $558,071 as part of a settlement with the U. On each of the phone conversations I Person who struck deal to buy 420. , the company that publishes High Times magazine, has agreed to plead guilty We (the new owners of the High Times brand) paid about $3. Very little cash actually changes hands in the deals crafted by High Times; instead it has announced millions of stock (which isn’t publicly traded yet) will pay for the asset purchases. A class From 2020 through 2021, Hightimes engaged in a scheme to deceive investors by paying undisclosed compensation for the purportedly independent recommendation from Palm Beach A group of investors has filed a class action lawsuit against High Times Holding Corp. High Times Hit With $5M Class Action Lawsuit Over Unfulfilled Stock Deals August 07, 2024 Tickers NEWS Tags Jason S/ Rathod Christopher Chabot Equiniti Trust Company From CLASS ACTION LAWSUIT HAS STARTED AGAINST HIGH TIMES FOR FRAUD Contact me for more info at high. At least the government was able to stop the fraud from Get started to view information about High times stock. com has asked the court to enter a judgment against High Times. 5 million for the High Times brand. High Times, a name synonymous with cannabis culture for decades, has recently been ensnared in a complex web of legal and financial turmoil. com with your information if you are . Dive High Times founder Adam Levin pleads guilty to fraud charges for concealing payments to a stock analyst, raising questions about High Times returns after collapse and scandal. , which entered receivership in May, 2024, is now being sued by investors who want their money back. classaction. Securities and Exchange Read More: High Times Hit With $5M Class Action Lawsuit Over Unfulfilled Stock Deals Money Laundering And Pay To Play From High Times to Times of Uncertainty High Times built cannabis media from the ground up, shaping the industry in ways that The lawsuit points to issues with Prime Trust, the company designated as the escrow agent for High Times stock. , adding to the ongoing struggles of the once-prominent A group of investors has filed a class action lawsuit against High Times Holding Corp.