Scott+Scott Attorneys at Law LLP Announces Investigation into 22nd Century Group, Inc. (XXII)
NEW YORK, Nov. 13, 2018 /PRNewswire/ -- Scott+Scott Attorneys at Law LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, is investigating whether 22nd Century Group, Inc. ("22nd Century" or the "Company") (NYSE American: XXII) or certain of its officers and directors violated federal securities laws. If you purchased 22nd Century stock, you are encouraged to contact a Scott+Scott attorney at (844) 818-6980 for more information.
22nd Century is a plant biotechnology company. This investigation concerns whether 22nd Century misled investors.
On October 25, 2018, an article was published on Seeking Alpha stating that a Freedom of Information Act ("FOIA") request made to the Securities and Exchange Commission ("SEC") had revealed that 22nd Century was likely under SEC investigation. Yet, an SEC investigation had not been disclosed to investors.
On this news, the Company's share price fell 4.3% to close at $2.45 per share on October 25, 2018.
What You Can Do
If you purchased 22nd Century common stock, and you wish to discuss this investigation, please contact attorney Rhiana Swartz at (844) 818-6980, or at rswartz@scott-scott.com, or visit the 22nd Century investigation page on our website at https://scott-scott.com/investigation/22nd-century-group-inc/.
About Scott+Scott Attorneys at Law LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Connecticut, California, and Ohio.
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CONTACT:
Rhiana Swartz
Scott+Scott Attorneys at Law LLP
230 Park Ave, 17th Fl, NY, NY 10169
(844) 818-6980
rswartz@scott-scott.com
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