Recent Securities Litigations

Champignon Brands Inc. (US TRADING VENUE: SHRMF)

Company Name:Champignon Brands Inc.
Stock Symbol:US TRADING VENUE: SHRMF
Class Period Start:03/27/2020
Class Period End (inclusive):02/17/2021

The Complaint alleges Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Champignon had undisclosed material weaknesses and insufficient financial controls; (2) Champignon’s previously issued financial statements were false and unreliable; (3) Champignon’s earlier reported financial statements would need to be restated; (4) Champignon’s acquisitions involved an undisclosed related party; (5) as a result of the foregoing and subsequent reporting delays and issues, the British Columbia Securities Commission would suspend Champignon’s from trading; and (6) as a result, Defendants’ statements about Champignon’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.