RADNOR, Pa., Dec. 04, 2018 (GLOBE NEWSWIRE) -- Kaskela Law LLC is investigating Aphria, Inc. (“Aphria” or the “Company”) (NYSE: APHA) on behalf of the Company’s investors.  The investigation seeks to determine whether Aphria and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices, and whether Aphria investors have been harmed as a result of such actions.

Investors who purchased the Company’s common stock and suffered a financial loss in excess of $100,000 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or online at http://kaskelalaw.com/case/aphria-inc/, to receive additional information about this investigation or to discuss their legal rights and options.

On December 3, 2018, Quintessential Capital Management and Hindenburg Research published a report claiming, among other things, that certain of Aphria’s recent acquisitions were part of a series of transactions designed to enrich Company insiders. 

Following this report, shares of Aphria’s common stock fell $1.85 per share, or over 23%, to close on December 3, 2018 at $6.05 per share, on heavy trading volume.  On December 4, 2018, the Company’s shares continued to decline in value, and recently traded at below $5.00 per share.

Investors who purchased the Company’s common stock and suffered a financial loss in excess of $100,000,  and individuals with information relevant to this investigation, are encouraged to contact Kaskela Law LLC at (888) 715 – 1740, or to confidentially submit their information to the firm at http://kaskelalaw.com/case/aphria-inc/. 

Kaskela Law LLC exclusively prosecutes shareholder actions in state and federal courts throughout the country on behalf of investors.  For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.  This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:

Kaskela Law LLC
D. Seamus Kaskela, Esq.
201 King of Prussia Road
Suite 650
Radnor, PA 19087
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com