SAN DIEGO & BOCA RATON, Fla.--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP informs shareholders that it is investigating Greenlane Holdings, Inc. (NASDAQ: GNLN) for potential violations of federal securities laws pursuant to the company's April 2019 initial public offering ("IPO"). On April 23, 2019, Greenlane held its IPO, offering shares at $17.00. Since its IPO, Greenlane's stock has plummeted, and currently trades at just $6.44, or less than 62% of its IPO price. Greenlane distributes consumption accessories and vaporization products to wholesale and retailer customers.
If you suffered a loss as a result of Greenlane's misconduct, click here.
Greenlane Holdings, Inc. (GNLN) Shareholders Have Legal Options
Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Click here to receive free alerts from Stock Watch when companies engage in wrongdoing.
Attorney Advertising. Past results do not guarantee a similar outcome.