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Patterson v. TerraForm Labs Pte Ltd. et al
Case Number:
3:22-cv-03600
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Multi Party Litigation:
Class Action
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September 29, 2023
Investors Drop Case Against Terraform Over Crypto Collapse
Investors in Terraform Labs have voluntarily dropped their claims accusing the crypto company and its CEO of racketeering, selling unregistered securities and misleading investors ahead of the multibillion-dollar crash of its signature digital assets.
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May 04, 2023
Terraform Says US Laws Don't Apply To Crypto Investor's Suit
Terraform Labs has urged a California federal judge to nix an investor suit accusing the company of racketeering, selling unregistered securities and misleading investors in the run-up to the multibillion-dollar crash of its signature TerraUSD and Luna digital assets, saying federal securities laws do not apply since the developed protocols at issue and the challenged statements, among other things, did not occur domestically.
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September 06, 2022
Roche Freedman Doubles Down On Leading Terraform Suit
A cryptocurrency buyer represented by Roche Freedman LLP has urged a California federal judge to appoint him lead plaintiff for a class of investors in a racketeering and securities suit against Terraform Labs, saying his $28.7 million loss gives him the largest financial interest in the suit.
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June 20, 2022
Terraform Labs Sued Over Multibillion-Dollar Crypto Collapse
Terraform Labs and its CEO have been hit with a proposed class action in California federal court accusing them of racketeering, selling unregistered securities and misleading investors in the run-up to the multibillion-dollar crash of the company's signature digital assets, TerraUSD and Luna.