Former cannabis cultivator Kris Kallu sues uncle and company for investment losses in a securities fraud case.

Kris Kallu, a former cannabis cultivator, is suing his uncle Avtar Dhillon and Dhillon's former company, Emerald Health Sciences, for investment losses tied to a 2022 merger. Dhillon, facing prison for securities fraud, and co-defendant Fred Sharp were found liable for stock fraud by the SEC. Kallu alleges he and other shareholders were misled about the true value and controllers of the companies involved.

4 months ago
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