PATEL v. COINBASE GLOBAL, INC. et al
Case Number:
2:22-cv-04915
Court:
Nature of Suit:
Judge:
Firms
- Carella Byrne
- DeCotiis FitzPatrick
- Kessler Topaz
- Latham & Watkins
- Murphy Sanchez PLLC
- Pomerantz LLP
- Seeger Weiss
Companies
Sectors & Industries:
-
October 01, 2025
Coinbase Gets Securities Suit Over Biz Risks Trimmed
A New Jersey federal judge trimmed claims from a class action against Coinbase alleging the crypto exchange misrepresented or concealed parts of its business, ruling that claims tied to bankruptcy risk and regulatory disclosures that aren't based on group pleading can proceed, while claims related to proprietary trading statements were dismissed.
-
April 14, 2025
Coinbase Wants 3rd Circ. To Look At Share Traceability Ruling
Coinbase has asked a New Jersey federal judge to let the Third Circuit immediately review the court's decision to allow an investor class action to proceed, saying it runs contrary to Fifth and Ninth circuit rulings concerning the traceability of share purchases, particularly in companies like Coinbase that went public via a so-called direct listing.
-
April 09, 2025
Coinbase Judge Won't Rethink Greenlighting Investor Suit
A New Jersey federal judge declined to review his ruling to keep a Coinbase investors' class action alive, saying his order did not gloss over any legal or factual issue when finding the company and its executives must face the suit accusing them of concealing certain regulatory and bankruptcy risks from investors.
-
September 05, 2024
Coinbase, Execs Must Face Investor Suit Over Business Risks
A New Jersey federal judge on Thursday declined to dismiss a consolidated investor class action against Coinbase and its executives over disclosures the cryptocurrency exchange made about certain business risks it faced, although he trimmed certain allegations deemed to be, among other things, corporate puffery.
-
December 12, 2022
Kessler Topaz To Lead Coinbase Proprietary Trading Suit
A New Jersey federal judge on Monday tapped Kessler Topaz Meltzer & Check LLP to lead a consolidated class action against Coinbase Global Inc. by investors who claim the cryptocurrency exchange caused significant damage by failing to disclose that it engaged in proprietary trading of unregistered digital assets.