In re Aurora Cannabis Inc. Securities Litigation
Aurora Cannabis Securities Litigation
No. 2:19-cv-20588-BRM-JBC (D. N.J.)

Welcome to the Aurora Cannabis Securities Litigation Website

The information contained on this website is only a summary of the information presented in more detail in the Notice of Pendency and Proposed Settlement of Class Action. Because this website is just a summary, you should review the Notice for additional details.

Summary of the Litigation and Settlement

This website relates a class action lawsuit (“Litigation”) brought by Doug Daulton, Francisco Quintana, Donald S. Parrish, and Quang Ma (“Lead Plaintiffs”), alleging that Aurora Cannabis Inc. ("Aurora") or the "company", Terry Booth, and Allan Cleiren (“Defendants”) violated the federal securities laws by making material misrepresentations of the Company’s business and prospects. Defendants deny all claims and allegations of wrongdoing alleged in the Litigation.

The Court has not decided in favor of Defendants or Plaintiffs. Instead, both sides have agreed to a settlement of the Litigation for $8.05 million in cash (“Settlement”) for the benefit of the Settlement Class. Following the Settlement Hearing on January 28, 2025, the Court entered a Final Judgment and Order of Dismissal with Prejudice approving the Settlement, an Order approving the Plan of Allocation and an Order awarding attorney’s fees and litigation expenses.

If you are a member of the Settlement Class, you are subject to the Settlement. The Settlement Class consists of:

All Persons who purchased Aurora common stock on the New York Stock Exchange between October 23, 2018 and February 28, 2020, inclusive.

Excluded from the Settlement Class are: (i) Defendants and the Former Defendants and members of their immediate families; (ii) the current and former officers and directors of Aurora and members of their immediate families; (iii) any entity in which any Defendant or Former Defendant has a controlling interest or which is related to or affiliated with any Defendant or Former Defendant; (iv) Aurora’s subsidiaries and affiliates or other entities owned or controlled by it; (v) the legal representatives, agents, heirs, successors, administrators, executors, and assigns of each Defendant and Former Defendant; and (vi) any Persons who properly exclude themselves by submitting a valid and timely request for exclusion.

Please read the Notice to fully understand your rights and options. A copy of the Notice can be found in the Important Documents tab at the top of this page.

Payments to eligible claimants will be made after the completion of all claims processing. Please be patient, as this process will take some time to complete.

 

How do I obtain more information?

Detailed information about the Settlement is contained in the Notice and the documents on the Important Documents tab at the top of this page. Additional information can also be obtained by contacting the Claims Administrator by calling toll-free (877) 495-6308, by emailing info@auroracannabissecuritieslitigation.com, or mailing a letter to:

Aurora Cannabis Securities Litigation
c/o JND Legal Administration
P.O. Box 91320
Seattle, WA 98111

 

Inquiries should NOT be directed to the Court or the Clerk of the Court.

For More Information

Visit this website often to get the most up-to-date information.

Mail
Aurora Cannabis Securities Litigation
c/o JND Legal Administration
P.O. Box 91320
Seattle, WA 98111