Jupiter Wellness (NASDAQ: JUPW), a diversified company that supports health and wellness, announced that 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 Aug. 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,” said Jupiter Wellness CEO Brian John. “We look forward to the outcome of GBB’s lawsuit being settled in a court of law.”
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About Jupiter Wellness Inc.
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 JupiterWellness.com/email-alerts and by following Jupiter Wellness on Twitter and LinkedIn.
NOTE TO INVESTORS: The latest news and updates relating to JUPW are available in the company’s newsroom at https://ibn.fm/JUPW
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