SafeMoon Crypto Investments Investigation
Claim Form Deadline: Ongoing
Estimated Payout: $10,000
Proof required: Yes
What's This About?
The SafeMoon class action lawsuit case arises from an alleged scheme among various individuals in the cryptocurrency sector to misleadingly promote and sell the digital asset associated with SafeMoon tokens to unsuspecting investors. Specifically, the SafeMoon class action lawsuit alleges that SafeMoon's executives, collaborating with several celebrity promoters:• Made false or misleading statements to investors about SafeMoon through social media advertisements and other promotional activities; and
• Disguised their control over SafeMoon and a significant percent of the SafeMoon tokens that were available for public trading during the Class Period (the “Float”). In furtherance of this alleged scheme, defendants touted the technological innovation of SafeMoon's token and related cryptocurrency wallet, as well as the ability for investors to make significant returns due to the favorable “tokenomics” of the SafeMoon tokens. In truth, defendants allegedly marketed the SafeMoon tokens to investors so that they could sell their portion of the Float for a profit.
How Do I Qualify?
The Private Securities Litigation Reform Act of 1995 permits any investor who purchased SafeMoon tokens between March 8, 2021 and March 7, 2022 to seek appointment as lead plaintiff in the SafeMoon class action lawsuit. A lead plaintiff is generally the one with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the class action lawsuit. An investor's ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff.How Do I Find Class Action Settlements?
Find all the latest class actions you can qualify for by getting notified of new lawsuits as soon as they are open to claims:Attorney Advertising. The information on this website is for general informational and advertising purposes. No attorney-client relationship between reader and Siri & Glimstad is created by submitting the form above. Upon submitting the form, you agree that a representative from Siri & Glimstad may contact you. Siri and Glimstad LLP can be reached via their website here.
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