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KPMG LLP

KPMG reached a proposed settlement in an investor class action alleging misrepresentation in its 2022 audit report for Canopy Growth Corp.

Opening soonOntario onlyClaim deadline: Pending court decisionEstimated payout: Compensation pendingClaims not open yet

About this settlement

Alleged misrepresentation in KPMG's audit report for Canopy Growth Corp. related to BioSteel Sports Nutrition Inc.'s financial disclosures.

KPMG LLP is involved in a proposed settlement of a class action alleging that its 2022 audit report for Canopy Growth Corp. contained misrepresentations about BioSteel Sports Nutrition Inc. The Ontario Superior Court has certified the case as a class action to facilitate settlement. The settlement terms are not yet disclosed, and a claims process is expected after resolution of the entire case.

Who qualifies

  • Investors who purchased Canopy Growth Corp. shares on the secondary market after June 1, 2021 and held shares as of May 10, 2023.
  • Exact eligibility will be confirmed once the claim process opens.

Compensation pending

Claim deadline: Pending court decision

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