NEW YORK, July 17, 2022 (WORLD NEWS CABLE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of SOL tokens (“SOL securities”) between March 24, 2020 and the present (the “Class Period”), against Solana Labs, Inc., the Solana Foundation, Anatoly Yakovenko, Multicoin Capital Management LLC, Kyle Samani, and FalconX LLC (together, the “Defendants”). A class action lawsuit has already been filed. If you want to serve as lead plaintiff, you must transfer to the Court no later than September 6, 2022.
AND THAT: If you purchased SOL securities during the Class Period, you may be entitled to compensation without payment of any disbursement fees or costs through a contingency fee agreement.
WHAT TO DO NEXT: To join the SOL class action lawsuit, go to https://rosenlegal.com/send-form/?case_id=7539 or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] either [email protected] for information about the class action lawsuit. A class action lawsuit has already been filed. If you want to serve as lead plaintiff, you must transfer to the Court no later than September 6, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct the litigation.
WHY ROSEN’S LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often the companies that issue ads do not have comparable experience, resources, or any significant recognition from their peers. Be wise in selecting an attorney. The Rosen Law Firm represents investors around the world, concentrating its practice on securities class action and shareholder derivative litigation. The Rosen Law Firm has achieved the largest securities class action settlement in history against a Chinese company. The Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm secured more than $438 million for investors. In 2020, law360 named founding partner Laurence Rosen as a Titan of the Plaintiffs Bar Association. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, Solana issues securities that are required to be, but are not, registered with the U.S. Securities and Exchange Commission. Throughout the Class Period, Defendants promoted SOL securities (SOL tokens) and sold them to investors, who suffered losses from the purchase of SOL securities.
To join the SOL class action lawsuit, go to https://rosenlegal.com/send-form/?case_id=7539 or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] either [email protected] for information about the class action lawsuit.
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No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can select the attorney of your choice. You can also remain a member of the absent class and do nothing at this time. An investor’s ability to participate in any potential future recovery is not dependent on him acting as the lead claimant.
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Laurence Rosen, Esq.
Philip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827