To join this class action, please complete the following Investor Certification.
Oklahoma City, OK (August 3, 2021) – On July 22, 2021, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against Coinbase Global, Inc. (NASDAQ: COIN). The complaint alleges violations of federal securities laws, Sections 11, 12(a)(2) and 15 of the Securities Exchange Act of 1933 and Title 15 United States Code Sections 77k,77l(a)(2) and 77o, including allegations of issuing a series of materially false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is April 14, 2021 through May 19, 2021. More specifically, Coinbase failed to disclose that it needed a sizeable cash injection; its platform was vulnerable to interruptions of service; and considering the issues stated, the positive declarations about the company’s business were misleading and lacked a reasonable basis.
The lawsuit seeks to recover damages on behalf of all Coinbase Global, Inc. investors who purchased common stock during the Class Period. You may move the Court no later than Monday, September 20, 2021 to serve as a lead plaintiff for the entire Class.
If you wish to obtain further information and participate in this or any other securities litigation, or should you have any questions regarding this notice or preservation of your rights, please contact: Priscilla Scoggins at firstname.lastname@example.org