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.

November 19, 2024
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