July 19, 2023
Faruqi & Faruqi LLP will represent a proposed class of investors in cryptocurrency miner Argo Blockchain PLC who claim the offering documents for the company's 2021 initial public offering were "negligently prepared," a Brooklyn federal magistrate judge has decided.
April 11, 2023
Levi & Korsinsky LLP and Faruqi & Faruqi LLP have pushed back against each other's bids to lead a proposed investor action taking aim at cryptocurrency miner Argo Blockchain PLC over allegedly "negligently prepared" offering documents filed by the company ahead of its 2021 initial public offering.
January 26, 2023
Investors in Argo Blockchain PLC lost money quickly in the wake of the crypto company's 2021 IPO as a result of "negligently prepared" offering documents and misleading statements that hid difficulties in mining cryptocurrency, according to a proposed securities class action filed Thursday in New York federal court.