Jupiter Wellness Responds to Frivolous Claims Made by FSD Pharma and Unauthorized Tagging of its Stock.
30 Agosto 2023 - 7:03PM
Jupiter Wellness, Inc. (Nasdaq: JUPW), a diversified company that
supports health and wellness, announced it has retained Gusrae,
Kaplan, Nusbaum PLLC as its securities litigation firm to
investigate frivolous claims, allegations and the unauthorized
tagging of its stock by FSD Pharma on August 25, 2023. Jupiter
Wellness acquired the asset Safety Shot, from GBB Drink Lab who in
May 2023 filed a $53 million dollar lawsuit against FSD Pharma.
Jupiter Wellness is not a party to such action.
“We do not comment on frivolous claims or
pending litigation, however, be assured we will use every remedy
under the law to protect Jupiter Wellness and its shareholders
against these purposeful violations and attempts to harm Jupiter
Wellness and its shareholders. We look forward to the outcome of
GBB’s lawsuit being settled in a court of law.” stated Jupiter
Wellness CEO Brian John.
About Jupiter Wellness
Jupiter Wellness is a diversified company that
supports health and wellness by researching and developing
over-the-counter (OTC) products and intellectual property. The
Company's product pipeline addresses a range of conditions,
including hair loss, psoriasis, and vitiligo. Revenue is generated
through the sales of OTC and consumer products and licensing
royalties.
Interested investors and shareholders are
encouraged to sign up for press releases and industry updates by
registering for Email Alerts
at https://jupiterwellness.com/email-alerts/ and by following
Jupiter Wellness on Twitter and LinkedIn.
Forward Looking Statements
This communication contains forward-looking
statements regarding Jupiter Wellness, including, the anticipated
timing of studies and the results and benefits thereof. You can
generally identify forward-looking statements by the use of
forward-looking terminology such as “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,”
“intend,” “may,” “might,” “plan,” “potential,” “predict,”
“project,” “seek,” “should,” or “will,” or the negative thereof or
other variations thereon or comparable terminology. These
forward-looking statements are based on each of the Company’s
current plans, objectives, estimates, expectations, and intentions
and inherently involve significant risks and uncertainties, many of
which are beyond Jupiter Wellness’ control. Actual results and the
timing of events could differ materially from those anticipated in
such forward-looking statements as a result of these risks and
uncertainties and other risks and uncertainties affecting Jupiter
Wellness and, including those described from time to time under the
caption “Risk Factors” and elsewhere in Jupiter Wellness’
Securities and Exchange Commission (SEC) filings and reports,
including Jupiter Wellness’ Annual Report on Form 10-K for the year
ended December 31, 2023 and future filings and reports by Jupiter
Wellness. Moreover, other risks and uncertainties of which Jupiter
Wellness is not currently aware may also affect Jupiter Wellness
forward-looking statements and may cause actual results and the
timing of events to differ materially from those anticipated.
Investors are cautioned that forward-looking statements are not
guarantees of future performance. The forward-looking statements
made in this communication are made only as of the date hereof or
as of the dates indicated in the forward-looking statements and
reflect the views stated therein with respect to future events at
such dates, even if they are subsequently made available by Jupiter
Wellness on its website or otherwise. Jupiter Wellness undertakes
no obligation to update or supplement any forward-looking
statements to reflect actual results, new information, future
events, changes in its expectations or other circumstances that
exist after the date as of which the forward-looking statements
were made.
Jupiter Wellness Media
Contact:
Phone: 561-244-7100Email: info@JupiterWellness.com
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