The problem with the SEC is I don't believe they typically announce to the public that they are undertaking a formal investigation of this or that company or individuals. They just check it out quietly behind the scenes and if they don't find anything illegal going on we never even know they were looking into somebody in the first place. But if they DO find something bad then the news will often hit like a bolt outta the blue. That would probably keep me up at night if I was heavy long on Aphria.
I also don't know exactly what happens when all these law firms actually file real lawsuits in court or put out press releases that they are investigating this or that company. I suppose they can send investigators to Aphria to request/demand to see records and documents but I imagine that they have to file subpoenas or whatnot to force them, I dunno.
There's likely a lot of legal crap going on behind the scenes right now that none of us have any clue about.
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