Class action Financial News

12.08 / 00:37

Law regulation Trading stocks class action Robinhood to face class action lawsuit from meme stock debacle: Report

Cryptocurrency and stock trading platform Robinhood will allegedly face allegations of market manipulation as part of a class-action lawsuit brought by investors in “meme stocks” from nine different companies during a January 2021 rally.

11.08 / 12:13

Law defi regulation class action Crypto products Mark Cuban faces class action lawsuit for promoting Voyager crypto products

Mark Cuban, the billionaire entrepreneur who has been quite active in the crypto ecosystem for the past year, is facing a class-action lawsuit over his promotions of the bankrupt crypto brokerage firm Voyager Digital.

25.07 / 17:47

NFT Non-fungible tokens Legal Yuga Labs class action Law Firm is Trying to Organize Class Action Lawsuit Against Yuga Labs

USA-headquartered law firm Scott+Scott is trying to organize a class-action suit against Yuga Labs, the entity behind popular non-fungible token (NFT) collections Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Otherside.

25.07 / 13:41

ETH Twitter Action class action Yuga Labs hit with a class action over ApeCoin- Decoding the case

The phrase ‘pump and dump‘ seems to be trending all over the crypto market, of late.

25.07 / 06:59

business Law security Pump and Dump class action Yuga Labs 'inappropriately induced' BAYC investors: Class action

A proposed class-action lawsuit alleges that Yuga Labs “inappropriately induced” the community to buy Bored Ape Yacht Club non-fungible tokens (NFTs) and the project’s affiliated ApeCoin (APE) token.

08.07 / 08:03

Law regulation solana security class action Class action lawsuit claims Solana's SOL is an unregistered security

Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security.

07.07 / 23:51

UPS Target SEC Action class action Solana under attack – SOL investor files class action claiming ‘securities violations’

Key members of the Solana ecosystem are the target of a class-action lawsuit filed last week before a court in California. They are accused of illegally benefitting from SOL, the blockchain’s native token, which the lawsuit claims is an unregistered security.

07.07 / 14:39

UPS Target solana Legal class action New Class Action Lawsuit Targets Solana In California

Solana Labs, the entity behind the Solana (SOL) blockchain, has found itself targeted by a new class-action lawsuit filed with a California court.

18.06 / 00:53

business Stablecoin regulation coinbase class action Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD

A class-action suit was filed against Coinbase on Thursday claiming the trading platform was negligent in its listing of the TerraUSD stablecoin and alleging that it failed to disclose its financial relationship with Terraform Labs. This is the second class-action suit outstanding against Coinbase. A suit was filed last month in connection with the depegging of GYEN in November.

16.06 / 09:17

business Law lending YouTube class action BitBoy founder threatens class action lawsuit against Celsius

Just two weeks after appearing in an ask me anything (AMA) with Celsius founder Alex Mashinsky, crypto Youtuber Ben Armstrong has announced he intends to file a class action lawsuit against the lending platform and its chief executive.

01.04 / 09:21

Binance SEC Court class action Binance wins dismissal of class action over 2018 tokens that tanked

A federal judge has dismissed a class action complaint asserting Binance violated U.S. securities laws by not registering as a broker-dealer or exchange, and sold crypto tokens which were not registered with the U.S. Securities and Exchange Commission (SEC).

17.03 / 18:17

Law coinbase Court class action Class action suit against Coinbase alleges unregulated securities sales

Three individuals who bought cryptocurrency through Coinbase filed a proposed class action March 11 in the Southern District Court of New York alleging that Coinbase is operating as an unregistered securities exchange. The lawsuit lists 79 tokens that it claims are securities Coinbase is selling in violation of state and federal law, and the buyers were not warned of the risks involved in their purchases.

23.02 / 08:05

Blockchain Fraud Court BitConnect class action Appellate court decision allows Bitconnect class action to proceed

The 11th Circuit Court of Appeals has ruled that victims of the Bitconnect Ponzi scheme can proceed with a class action suit by reversing a previous ruling that prohibited such a case.

10.11 / 14:53

Google Landmark Action Drop Lawyers class action Google survives £3bn class action as lawyers predict drop in group claims

The Supreme Court has ruled in favour of Google in a £3bn lawsuit brought on behalf of over four million iPhone users, in a judgment that lawyers say could slow the move towards US-style class actions in the UK.

02.11 / 07:11

Blockchain Law Scams class action Aussie firm to launch $100M class action over dodgy QOIN token

The issuer of a controversial cryptocurrency that can only be sold in batches of $125 daily on a single exchange is facing pushback from an Australian law firm.

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