COINBASE GLOBAL INVESTOR NOTICE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Shareholders with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Coinbase Global Inc. - C
Kahn Swick & Foti, LLC (KSF) has reminded Coinbase Global Inc. shareholders with losses exceeding $100,000 about the September 20, 2021 lead plaintiff deadline in a securities class action lawsuit. The lawsuit alleges that Coinbase and its executives failed to disclose material information in its April 2021 Direct Offering registration statement and prospectus, violating federal securities laws. Specifically, it claims the company needed a significant cash injection and its platform was prone to service disruptions as it scaled.
