Wed Sep 18 17:39:00 UTC 2024: ## Chesswood Group Shares Plunge, Law Firm Investigates Potential Investor Losses

**Toronto, Sept. 18, 2024** – Berger Montague (Canada) PC, a leading investor rights law firm, is investigating potential investor losses related to Chesswood Group Limited (TSX: CHW, Y30).

Chesswood’s share price has plummeted from $7.90 per share in late 2023 to just $0.90, currently locked from trading in Canada. The company’s shares on the US OTC market have also suffered, reaching a low of $0.18.

The dramatic decline follows several concerning developments, including:

* **Breach of Debt Covenants:** Chesswood announced it had breached debt covenants and would be forced to restate its financial statements.
* **Asset Sales:** The company has been selling off assets to shore up its finances.
* **Cease Trade Order:** The Ontario Securities Commission issued a cease trade order on August 15, 2024, after Chesswood failed to release its second quarter 2024 financial statements.

Berger Montague (Canada) PC is investigating whether Chesswood Group Limited adequately disclosed material information to investors during a period between August 8, 2023 and July 22, 2024.

Investors who purchased Chesswood shares during this period are encouraged to contact Berger Montague (Canada) PC at Canadainfo@bm.net to learn more about the investigation.

**About Berger Montague (Canada) PC**

Berger Montague (Canada) PC is a leading Canadian law firm specializing in representing investors in cross-border shareholder disputes involving Canadian companies listed on stock exchanges in Canada, Germany, and the United States.

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