Northwire Canada EditionThursday, July 16, 2026
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CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6% CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6%
Regulatory

World Renowned Law Firm Grant & Eisenhofer Files Class Action Lawsuit Against Canadian Banks CIBC and RBC Alleging Illegal Stock Market Manipulation of Quantum BioPharma Shares

QNTM · Price

Executive Summary

  • Quantum BioPharma disclosed that shareholder Paul Durkacz has filed a class‑action lawsuit alleging stock manipulation affecting investors between Jan 6 2021 and Oct 15 2025.
  • The company intends to seek appointment as lead plaintiff in the action to protect its shareholders.
  • Quantum BioPharma renewed legal services with LWM for one month starting Dec 22 2025 to support the litigation.

Key Details

  • Lawsuit Allegations: Claims that investors who sold Quantum BioPharma securities were “significantly and materially harmed” by alleged manipulation of the stock.
  • Class Action Scope: Covers transactions from 6 Jan 2021 through 15 Oct 2025.
  • Lead Plaintiff Request: Quantum BioPharma will apply to be appointed lead plaintiff, aiming to represent the interests of all affected shareholders.
  • Legal Representation: Services of law firm LWM have been renewed for a one‑month term beginning 22 Dec 2025.
  • Link to Complaint: A copy of the complaint is available via the provided hyperlink in the release.
  • Forward‑Looking Statements: The release contains forward‑looking language regarding potential outcomes, litigation funding, and related risks; these statements are qualified by standard risk disclosures.

Notable Quotes

(No direct quotes were included in the press release.)

Read the original news release →

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