Counties Can't Dig Through VW Emissions-Cheating Software

Investors Claim Coinbase Hid Problems Before IPO


By Katryna Perera (August 5, 2022, 5:25 PM EDT) — Investors accused cryptocurrency exchange Coinbase Inc. and its top brass of misleading them about the strength of the exchange’s platform and its compliance with federal securities laws before its initial public offering, in a derivative suit and separate proposed class action.

The derivative suit, filed in Delaware federal court by shareholder Donald Kocher, alleges Coinbase misrepresented cornerstone pillars of its business, such as its trusted platform and “flywheel” growth strategy, in its registration statement with the U.S. Securities and Exchange Commission before going public in April 2021. 

Also Read:  Dermatologists Skeptical of Calamine Lotion TikTok Trend

A proposed class action in New Jersey federal court, led by plaintiff Vijay Patel, accuses…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!
Also Read:  Wellsburg hosting inaugural winefest - WTOV Steubenville

TRY LAW360 FREE FOR SEVEN DAYS



Source link