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Rochon Genova: Did You Purchase Shares of Aphria Inc. (“Aphria”) After January 29, 2018 and Hold Them Until March 23, 2018 and/or December 3, 2018?

1. Aphria settles a class action for CAD $30 million regarding past misrepresentations. 2. The company denies all allegations raised in the lawsuit.

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FAQ

Why Neutral?

Settling the lawsuit removes a significant liability, but costs $30M. Past legal issues have historically impacted firm valuations.

How important is it?

Addressing legal liability is crucial for share stability, but the settlement amount is sizeable.

Why Short Term?

The settlement may ease short-term investor concerns but doesn't signal long-term growth.

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CGCTLRYCRON
TORONTO--(BUSINESS WIRE)--A Settlement has been reached in the global class action against Aphria and certain of its former officers and directors regarding alleged misrepresentations made in certain of Aphria's public disclosures released between January 29, 2018 and December 3, 2018 (the “Class Action”). Aphria and the other Defendants have denied all allegations against them. The Settlement provides for the payment by the Defendants of the total amount of CAD $30,000,000 to resolve the Class.

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