Bulletin
Investor Alert

press release

March 17, 2020, 1:33 p.m. EDT

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against HEXO Corp. and Encourages Investors with Losses to Contact the Firm

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of HEXO Corp. (“HEXO” or “the Company”) (NYSE: HEXO ) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. HEXO announced on March 17, 2020, that it would be incapable of releasing its second quarter 2020 financial results in a timely manner. The Company admitted it needed to record a large impairment charge and amend its MD&A disclosures for both the first and second quarter to address the concerns of the Ontario Securities Commission. Based on this news, shares of HEXO dropped by 33% in intraday trading.

If you are a shareholder who suffered a loss, click here to participate .

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com , or by email at brian@schallfirm.com .

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200317005695/en/

SOURCE: The Schall Law Firm

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

Copyright Business Wire 2020

Comtex
Link to MarketWatch's Slice.