NASDAQ: COIN
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Coinbase Global, Inc. (NASDAQ: COIN) pursuant and/or traceable to the Company’s April 2021, initial public offering (the “IPO” or “Offering”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Courtno later than September 20, 2021.
If you purchased Coinbase securities and would like to join the action, please click “Join This Class Action.”
Class Period:Pursuant and/or traceable to the Company’s April 2021 IPO
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If you purchased Coinbase securities pursuant and/or traceable to the Company’s April 2021 IPO you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Details of the case:
According to the coinbase lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- Coinbase required a sizeable cash injection;
- Coinbase’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
- as a result of the foregoing, the positive statements about the Company’s business, operations and prospects were materially misleading and/or lacked a reasonable basis.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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Company Name:Coinbase Global, Inc.
Stock Symbol:COIN
Class Period:Pursuant and/or traceable to the Company’s April 2021 IPO
Court:United States District Court for the Northern District of California
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