Press release
Deadline on October 3rd coming up in Lawsuit for Investors in shares of Coinbase Global, Inc. (NASDAQ: COIN)
A Deadline is coming up on October 3, 2022 in the lawsuit for certain investors in Coinbase Global, Inc. (NASDAQ: COIN).
Investors who purchased shares of Coinbase Global, Inc. (NASDAQ: COIN) have certain options and there are strict and short deadlines running. Deadline: October 3, 2022. NASDAQ: COIN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges on behalf of purchasers of Coinbase Global, Inc. (NASDAQ: COIN) common shares between April 14, 2021 and July 26, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 14, 2021 and July 26, 2022, the Defendants made false and/or misleading statements and/or failed to disclose that Coinbase custodially held crypto assets on behalf of its customers, which assets Coinbase knew or recklessly disregarded could qualify as the property of a bankruptcy estate, making those assets potentially subject to bankruptcy proceedings in which Coinbase's customers would be treated as the Company's general unsecured creditors, that Coinbase allowed Americans to trade digital assets that Coinbase knew or recklessly disregarded should have been registered as securities with the SEC, that the foregoing conduct subjected the Company to a heightened risk of regulatory and governmental scrutiny and enforcement action, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Coinbase Global, Inc. (NASDAQ: COIN) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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