NEW YORK, Sept. 02, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following public companies. You can see a copy of the complaints by visiting the links below or you can contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you have suffered damage, you can request that the court appoint you as lead plaintiff. Your ability to participate in a recovery does not require you to serve as lead plaintiff. A lead plaintiff acts on behalf of all other group members in conducting the litigation. The lead plaintiff can select a law firm of his choice. An investor’s ability to participate in a potential future recovery is not contingent on its serving as lead plaintiff.
Coinbase Global, Inc. COIN
school lesson: April 14, 2021 – July 26, 2022
Meeting: October 3, 2022
For more information: www.bgandg.com/coin.
The Complaint alleges that the Defendants made materially false and misleading statements regarding the Company’s business, operations and compliance policies during the Class Period. Specifically, the Defendants made false and/or misleading statements and/or failed to disclose the following: (1) Coinbase held crypto assets in custody on behalf of its customers that Coinbase knew or recklessly disregarded could be deemed property of a bankruptcy estate those assets , which may be subject to bankruptcy proceedings in which Coinbase’s customers would be treated as general unsecured creditors of the company; (2) Coinbase allowed Americans to trade digital assets that Coinbase knew should be registered with the SEC as securities or carelessly ignored; (3) the foregoing conduct exposed the Company to increased risk of regulatory and regulatory scrutiny and enforcement action; and (4) as a result, the company’s public statements were material…
