Cronos Group Securities Class Action Settlement, Check If You Qualify — In re Cronos Group Inc. Securities Litigation, No. 2:20-cv-01310-ENV-JMW

November 9, 2026. That’s your deadline to claim money from the Cronos Group settlement in In re Cronos Group Inc. Securities Litigation, No. 2:20-cv-01310-ENV-JMW, and it’s closer than it sounds. Cronos agreed to a $10,000,000 settlement for investors who bought its stock on a U.S. market between May 9, 2019 and March 30, 2020, and you’ll need broker records to file.

Cronos Group Securities Settlement — Key Facts

Field	Detail
Settlement Amount	$10,000,000 (USD) cash fund, plus earned interest
Claim Deadline	November 9, 2026 (online, or postmarked by that date)
Who Qualifies	All persons and entities, regardless of country of residence, who purchased or otherwise acquired Cronos Group Inc. common stock on the NASDAQ or another public U.S. market from May 9, 2019 through March 30, 2020 and were allegedly damaged
Estimated Payout	Average of approximately $0.06 per eligible share before deductions, approximately $0.04 after awarded fees and expenses. Your amount depends on your own trades. No payment if your prorated share is under $10.00.
Proof Required (Yes/No)	Yes. Broker confirmation slips, broker account statements or an authorized broker statement. Self-generated emails or spreadsheets aren’t enough.
Settlement Status	Preliminarily approved August 4, 2026. Final approval pending.
Court & Case Number	U.S. District Court, Eastern District of New York, No. 2:20-cv-01310-ENV-JMW
Law Alleged	Section 10(b) of the Securities Exchange Act of 1934, and Section 20(a) against the individual defendants
Administrator	A.B. Data, Ltd.
Official Claim Site	cronosussecuritiessettlement.com
Last Updated	September 29, 2026

Who Is Cronos Group and Why Are They Being Sued for Securities Violations?

Cronos Group Inc. is a cannabinoid company with operations in Canada and Israel, and its stock was bought and sold on both U.S. and Canadian markets. That split matters. Investors who bought on the NASDAQ are in this settlement, while Toronto Stock Exchange purchases sit in a separate Ontario case, so where you bought decides everything.

What Did Cronos Group Do to Investors Between May 9, 2019 and March 30, 2020?

Investors say Cronos misled them. The lawsuit claims the company, its CEO and its CFO made false and misleading statements about revenue tied to three “round trip” transactions that led to restatements of 1Q2019 and 3Q2019 revenue.

The claims rest on Section 10(b) of the Securities Exchange Act of 1934, which bars misleading statements tied to buying or selling stock, and Section 20(a), which can make executives who control a company liable too. Defendants deny it all. The notice says, “The Court did not finally decide in favor of Lead Plaintiff or Defendants” (Notice, paragraph 38).

For another investment loss claim, see AdaptHealth $35M Securities Settlement: How To File A Claim.

Who Qualifies for the Cronos Group Securities Settlement?

Here’s how to know if this Cronos settlement includes you:

• Investors who bought or acquired Cronos common stock on the NASDAQ or another public U.S. market from May 9, 2019 through March 30, 2020
• Anyone who held shares on or after February 24, 2020, because shares sold before that date have a Recognized Loss of zero

Who doesn’t qualify:

• Buyers who only purchased on the Toronto Stock Exchange or another non-U.S. market
• Holders who own Cronos only through a mutual fund (the fund may be a class member, you aren’t)
• Cronos defendants, their families, and its directors, officers and employees during the class period
• Anyone who excludes themselves by October 29, 2026

Did you buy Cronos in U.S. dollars on the NASDAQ in that window and still own it in late February 2020? Then this is about you.

Cronos Group Investors Outside the United States — Are You Still Covered?

Where you live doesn’t matter. The class covers investors in any country, and U.S. dollar trades are assumed to be U.S. trades.

Not sure if you qualify for the Cronos Group securities settlement? A free legal consultation with a securities fraud attorney can help before the November 9, 2026 deadline.

How Much Can Cronos Group Securities Settlement Class Members Get? About $0.04 Per Share on Average

Cronos agreed to fund $10,000,000 plus interest. But court-approved fees, expenses, administration costs and taxes come out first.

Cronos Payout Estimate — About $0.06 Per Share Before Fees, $0.04 After

The notice estimates an average recovery of approximately $0.06 per eligible share before deductions and approximately $0.04 after awarded fees and expenses. That’s an average, not a promise, and your check depends on your own trades.

What Pro-Rata Means for Your Cronos Check

Your check is your share of everyone’s Recognized Claims. More filers means smaller checks. And there’s a floor: a prorated payment under $10.00 pays nothing, which at the $0.04 average equals 250 eligible shares.

Payments wait for final approval, any appeals, and an Ontario court order. The payment method isn’t stated (UNVERIFIED). Payments over $600 may appear on a 1099, so check with a tax professional.

Per-share payouts vary, and Catalent $78M Securities Class Action Lawsuit Settlement, Claim Deadline May 26, 2026—Eligible Investors Could Receive Up To $0.44 Per Share is one comparison.

The lawyers can ask for up to $3,300,000, plus up to $200,000 in expenses, before you see a cent. That’s normal. But it leaves at most $6,500,000 for investors before administration costs and taxes.

How to File Your Cronos Group Securities Settlement Claim — Step by Step

You have 41 days from today.

1. Pull broker records covering every Cronos trade from May 9, 2019 through June 26, 2020.
2. Go to cronosussecuritiessettlement.com and click Submit Online Claim.
3. Enter your name, address, last four digits of your SSN or taxpayer ID, and account number.
4. List your holdings, purchases and sales. Report U.S. market trades only, in USD.
5. Attach your documents and submit. Your claim isn’t deemed submitted until the acknowledgment postcard arrives, which the administrator mails within 60 days.
6. Filing by mail? Postmark by November 9, 2026 to Cronos U.S. Securities Settlement, c/o A.B. Data, Ltd., P.O. Box 173088, Milwaukee, WI 53217.

The only way to get paid is to file.

Should Cronos Group Class Members Opt Out or Object Before October 29, 2026?

What Opting Out of the Cronos Settlement Actually Means

You get no payment, and you keep any right to sue Cronos or stay in the Ontario Action over the claims being settled. Your signed letter, with trade details and proof, must reach A.B. Data by October 29, 2026. Most people shouldn’t do it without legal advice, and Ontario Class Counsel, who opposes this settlement, is at (647) 969-4472.

How to Object to the Cronos Settlement

You stay in the class, you can still be paid, and you tell the court what you dislike. File a signed objection with your reasons and proof of purchases with the Clerk of the Court, U.S. District Court, Eastern District of New York, 225 Cadman Plaza East, Brooklyn, NY 11201, and serve both sides’ lawyers (addresses in Question 16 of the notice) by October 29, 2026.

If you bought on the NASDAQ and do nothing, you’re in the settlement and your Ontario claim for those trades goes with it.

Talk to a class action lawsuit attorney before October 29, 2026 if you’re considering either option.

Cronos Group Securities Settlement — Key Dates, 2026

Milestone	Date
Settlement Proposed	Agreement in principle May 19, 2025. Stipulation signed December 2, 2025.
Preliminary Approval	August 4, 2026
Claims Period Opens	UNVERIFIED — the notice doesn’t state an opening date (notice is dated September 9, 2026)
Claim Filing Deadline	November 9, 2026
Opt-Out Deadline	October 29, 2026 (must be received)
Objection Deadline	October 29, 2026 (filed and received)
Final Approval Hearing	November 19, 2026, 11:00 a.m. ET, Courtroom 4 C S, 225 Cadman Plaza East, Brooklyn (in person or remote; may change)
Expected Payment Date	UNVERIFIED — payments follow final approval, any appeals and the Effective Date, which also needs an Ontario court order

Honestly, the order is what I’d flag. The opt-out cutoff lands 11 days before the claim deadline, and the judge hears the case 10 days after that. That’s 41 days from today to file, so put November 9, 2026 on your calendar now.

Cronos Group Securities Settlement — Frequently Asked Questions, No. 2:20-cv-01310-ENV-JMW

Do I need a lawyer to file a Cronos Group securities settlement claim?

No. Labaton Keller Sucharow LLP is Lead Counsel for all class members at no separate charge. You file directly with A.B. Data, Ltd. by November 9, 2026.

Is the Cronos Group securities settlement legitimate?

Yes. The Eastern District of New York authorized the notice and granted preliminary approval on August 4, 2026. Final approval is still pending.

When will Cronos Group settlement payments be sent?

The date is UNVERIFIED. Payments follow the November 19, 2026 hearing, any appeals, and an Ontario court order. Expect a wait.

What if I missed the Cronos Group claim deadline?

Not yet. The deadline is November 9, 2026, and a claim form is the only way to get paid. Skipping it doesn’t free you from the release.

Will my Cronos Group settlement payment go on a 1099?

Payments over $600 may appear on a 1099. The notice doesn’t address tax reporting (UNVERIFIED), so check with a tax professional.

Do I qualify for the Cronos Group securities settlement?

You qualify if you bought Cronos stock on the NASDAQ or another U.S. market between May 9, 2019 and March 30, 2020. TSX-only buyers and mutual fund holders don’t.

What happens to my Cronos Group Ontario class action claim if I stay in the settlement?

You release Ontario claims based on NASDAQ or other U.S. purchases, but not TSX purchases. To keep the NASDAQ claims alive, exclude yourself by October 29, 2026.

Sources Used in This Cronos Group Securities Settlement Article

• Claims Administrator (A.B. Data, Ltd.) — Notice of Pendency of Class Action, Proposed Settlement, and Motion for Attorneys’ Fees and Expenses, dated September 9, 2026: https://cronosussecuritiessettlement.com/media/wzwbavtq/cronos_notice_final-09042026.pdf
• Claims Administrator (A.B. Data, Ltd.) — Proof of Claim and Release Form, 2026: https://cronosussecuritiessettlement.com/media/z22b4wzb/cronos-claim-form_final-09042026_v2.pdf
• Claims Administrator (A.B. Data, Ltd.) — Settlement website home page, accessed September 29, 2026: https://cronosussecuritiessettlement.com/
• Claims Administrator (A.B. Data, Ltd.) — Court Documents page (lists the August 4, 2026 preliminary approval order), accessed September 29, 2026: https://cronosussecuritiessettlement.com/court-documents/

Researched and written by Israr Ahmad, legal content researcher and founder of AllAboutLawyer.com. All facts verified against the official Notice, Proof of Claim form and settlement website run by A.B. Data, Ltd. (cronosussecuritiessettlement.com), as of September 29, 2026. Last Updated: September 29, 2026.

This article is for informational purposes only and does not constitute legal advice. Laws vary by state and individual circumstances differ. For advice about your specific situation, consult a qualified attorney.