Class Action Reports

COIN Class Action: Learn About the Coinbase Global Lawsuit 

Levi & Korsinsky, LLP

July 26, 2021

Levi & Korsinsky, LLP announces that a COIN class action lawsuit has been filed on behalf of investors who purchased Coinbase Global, Inc.(COIN) This lawsuit is on behalf of all persons and entities that purchased or otherwise acquired Coinbase Class A common stock pursuant and/or traceable to the Company’s registration statement and prospectus for the resale of up to 114,850,769 shares of its Class A common stock, whereby Coinbase began trading as a public company on or around April 14, 2021. For more on the COIN Lawsuit please contact us today. 

 

 

According to the Coinbase Globallawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company required a sizeable cash injection; (2) the Company’s platform was susceptible to service-level disruptions, which were increasingly likely to occur as the Company scaled its services to a larger user base; and (3) as a result of the foregoing Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

 

TO LEARN MORE ABOUT THE COIN CLASS ACTION LAWSUIT, CLICK HERE  

 

If you suffered a loss in Coinbase Global you have until September 20, 2021, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.  

 

Levi and Korsinsky

CONTACT: 


Levi & Korsinsky, LLP  

Joseph E. Levi, Esq.  

55 Broadway, 10th Floor  

New York, NY 10006  

jlevi@levikorsinsky.com  

Tel: (212) 363-7500  

Fax: (212) 363-7171  

www.zlk.com