Warren Law Group: CanaFarma Complaint

CanaFarma Hemp Products Corp. (“CanaFarma”) was recently indicted by the DOJ and concurrently, the SEC filed a complaint for securities fraud and misrepresentation in their offering documents. Co-founders of CanaFarma, Vitaly Fargesen, and Igor Palatnik, solicited and raised approximately $15 million from its investors. Fargesen and Palatnik failed to disclose that CanaFarma was not creating any of its products, despite telling investors that the company grew its hemp and processed its own CBD chewing gum called “Yooforic.”

Warren Law Group has filed a complaint in the Southern District of New York seeking recovery under Federal Securities laws.

If you have been offered a “guarantee” on the return of private investment, or have been affected by investment fraud or shareholder oppression, contact the attorneys at Warren Law Group at (866) WLGROUP or email info@warren.law, for a complimentary assessment.

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Warren Law Group

WLG provides legal representation to financial services professionals and business owners in regulatory and compliance matters, litigation, and securities.