Former investors in Manitoba-based ag tech firm Farmers Edge have asked the B.C. Supreme Court to certify a class action lawsuit against the company, former leaders and its main shareholder. Farmers Edge, founder and former CEO Wade Barnes, former chief financial officer David Patrick, Fairfax Financial Holdings and several financial underwriters are named in the suit asking for a combined total of $270 million in damages.
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Farmers Edge disputes merits of claim made by former investors
Proposed class action suite alleges investors received misleading information prior to the company's 2021 IPO
Former investors seek class action lawsuit against Farmers Edge
Plaintiffs allege they received misleading information prior to the company's 2021 IPO
Former investors in Manitoba-based ag tech firm Farmers Edge have asked the B.C. Supreme Court to certify a class action lawsuit against the company, former leaders and its main shareholder.
Farmers Edge owner Fairfax Financial shorted on alleged asset manipulation
Short seller's report doesn't describe nefarious accounting tactics, only potentially aggressive valuation marks, bank says
Short seller Muddy Waters has placed bets against the shares of Canadian insurer Fairfax Financial, which owns the majority share in Farmers Edge, alleging manipulation in the insurer's asset values.
Farmers Edge to go private three years after IPO
Company’s majority holder to buy all shares at pennies on the dollar
Ag tech firm Farmers Edge has inked a deal with majority shareholder Fairfax Financial Holdings Limited to sell all common shares at 35 cents apiece, the company announced late yesterday.
Farmers Edge considering privatization
The tech firm is evaluating a pennies on the dollar share buyback from its majority holder
Fewer than three years after going public, Manitoba-based tech firm Farmers Edge is considering a privatization proposal.
Editorial: Lessons from an enthusiastic agriculture IPO
Farmers Edge has gone public on the TSX, the stock exchange in Toronto, and the large interest around it saw share price rise quickly after the launch. The company is […] Read more
Farmers Edge launches IPO
Digital ag firm makes first public share offering to big demand
Manitoba’s best-known digital agriculture firm is now a publicly-traded company. Farmers Edge, founded in 2005 in Pilot Mound, Man. by agronomists Wade Barnes and Curtis MacKinnon, has carved out a […] Read more
Satellite imagery analysis automated
Alerts will tell farmers when there have been changes in fields over time
Farmers Edge believes it has solved the satellite imagery information overload problem with automated alerts. The company’s farm management dashboard will now send email alerts when algorithms show that there’s […] Read more
Self-checking field health mapping system launched
The farmer’s job of poring over satellite field maps looking for disease, weed and insect trouble is about to go automatic. Winnipeg-based digital ag consulting firm Farmers Edge recently released […] Read more
Farmers Edge expands satellite imagery offering
Farmers Edge says it’s making satellite imagery a practical and affordable agronomic tool for farmers through a new strategic partnership with Planet, the company with the largest fleet of Earth-imaging […] Read more