Lawsuit Pending for Investors in Coinbase Global, Inc. (NASDAQ: COIN) Shares – Contact Shareholders Foundation for Information

Investors in Coinbase Global, Inc. (NASDAQ: COIN) are facing a pending lawsuit over alleged securities laws violations. The lawsuit, filed by an investor on September 13, 2024, claims that Coinbase Global failed to disclose important information regarding regulatory risks.

According to the lawsuit, the United Kingdom’s Financial Conduct Authority found that Coinbase’s British unit, CB Payments Limited, had inadequate measures in place to prevent criminals from using its platform. Despite reaching an agreement with the FCA to implement stricter requirements, CB Payments Limited allegedly breached the agreement, allowing over 13,000 high-risk individuals to use its services. This failure to disclose the heightened regulatory risk has led to allegations of false and misleading statements by Coinbase Global.

Investors who purchased shares of Coinbase Global, Inc. (NASDAQ: COIN) are urged to contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554. The deadline for certain investors is November 12, 2024.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement claim filing service that provides information on shareholder issues and securities class actions. It is important for investors to stay informed about legal developments that may impact their investments.

For more information, contact Michael Daniels at mail@shareholdersfoundation.com or call 858-779-1554.

Source: Shareholders Foundation, Inc.