June 24, 2021
The rapper known as The Game will join a cannabis cryptocurrency startup's defaulted executives in facing a $12 million judgment in a class action alleging it violated securities law with its $70 million initial coin offering, a California federal court has ordered.
June 24, 2020
A California federal judge certified an investor class in a suit alleging a cannabis cryptocurrency startup violated securities laws with its $70 million initial coin offering, granting their motion in part Wednesday on federal claims but denying their state law claims.
May 10, 2018
A California federal judge on Thursday appointed Levi & Korsinsky LLP as lead counsel of a putative class action against a cryptocurrency startup focused on the marijuana industry that allegedly violated securities laws with a $70 million initial coin offering that wasn't registered with the U.S. Securities and Exchange Commission.
April 03, 2018
ParagonCoin Inc. asked a California federal judge on Monday to toss a putative class action, saying token buyers of the cryptocurrency startup focused on the marijuana industry agreed to arbitrate any legal claims by accepting the token's terms and conditions at purchase.