October 29, 2024
A New York federal judge has given his preliminary blessing to a settlement worth up to $9 million resolving a class action by Yieldstreet investors who accused the online platform of offering "riskier-than-junk-bond investments" to the public that caused the plaintiffs to lose millions of dollars in defaulted loans.
August 22, 2022
Peiffer Wolf Carr Kane Conway & Wise LLP and Sonn Law Group PA will represent a proposed class of investors in a suit alleging online investing platform YieldStreet Inc. offered "riskier-than-junk bond investments" to the public.
May 04, 2022
A New York federal judge has rejected YieldStreet's latest bid to toss a proposed investor class action accusing it of duping investors out of $125 million through defaulted loans, allowing the claims brought against the online platform to proceed.
September 09, 2020
Investors in financial instruments offered by online platform YieldStreet filed a proposed class action in New York federal court Wednesday, alleging the company lied about its high-risk debt instruments and its expertise in handling them, before losing more than $125 million of investors' money in defaulted loans.