By Emilie Ruscoe (March 17, 2022, 6:42 PM EDT) — Investors in India Globalization Capital Inc. have asked a federal judge in Maryland to sign off on the distribution of about $371,000 to the attorneys and lead plaintiffs, who accused the company of hurting investors by announcing plans to produce a CBD energy drink in Malaysia, where making cannabis products is punishable by death.
In a motion and accompanying brief filed Wednesday and written by the four-firm legal team representing the investors, the lead plaintiff group, comprising seven individual investors, asked Judge Paul W. Grimm of the U.S. District Court for the District of Maryland to approve their request for 30% of…
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
Be the first to comment