Nutriband inc. successfully obtains court verdict for recovery of shares constituting 15% of its total outstanding shares

Orlando, fl / accesswire / july 15, 2022 / nutriband inc. (nasdaq:ntrb) (nasdaq:ntrbw) today announced that it has received a verdict in favor of the company, where the company prevailed on all issues, relating to the lawsuit the company filed to rescind the acquisition of advanced health brands in 2017. the verdict permits recovery of 4.8m shares of nutriband common stock which were issued in 2017 to the defendants for an acquisition which has now been rescinded.
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