Rapper T.I. Faces 2nd ICO Suit, Parallel Suit Names Kevin Hart
By Matthew Guarnaccia (May 10, 2019, 6:54 PM EDT) -- Investors alleging an initial coin offering backed by rapper T.I. and an entertainment executive of being a scam launched a lawsuit in Georgia federal court Friday, while participants in a similar case sought to bring a new claim that involves comedian and actor Kevin Hart.
Investor Kenneth Fedance filed a proposed class action lawsuit against Atlanta-based rapper Clifford Joseph "T.I." Harris Jr. and entertainment executive Ryan Felton, alleging violations of federal securities laws with respect to tokens issued by purported entertainment company FLiK. According to Fedance, Felton and T.I heavily promoted the tokens and promised major returns on investment, but simply...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!