Cases & investigations

Cases & investigations

Tilray, Inc.

Kaskela Law LLC has filed a stockholder derivative and class action complaint on behalf of Tilray, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY) and the company’s public stockholders in the Delaware Court of Chancery, Case No. 2020-0137-KSJM.

The complaint alleges that  Tilray’s directors breached their fiduciary duties to the Company and its stockholders by approving, among other things, a conflicted corporate reorganization.

On June 1, 2021, Chancellor McCormick denied defendants’ motions to dismiss the complaint.  The Court’s Memorandum Opinion is available at Download.aspx (  The case is currently in the discovery phase.

For additional information about this action please contact Kaskela Law LLC (D. Seamus Kaskela) at (484) 258 – 1585, or by email at [email protected].

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