Description
A group of investors sue several high-profile personalities who have endorsed the EthereumMax token to conduct a pump-and-dump scheme prior to the coin’s collapse.
Legal Significance
Case will further clarify promoter liability in the cryptocurrency space.
Status
Motion to Dismiss
Case No.
2:22-cv-00163
Date Filed
January 7, 2022
Plaintiff
Marko CiklicTill FreemanNabil NahlahJonathan SemerjianMichael BuckleyMilan PudaTunisia BrignolNeil ShahChristopher DeLucaRyan Huegerich
Defendant
Russell DavisSteven GentileKimberly KardashianJustin MaherGiovanni PeronePaul PierceFloyd Matherweather Jr.
Court
USDC Central District of California
Plaintiff Counsel
Scott+Scott Attorneys at Law LLP
Defendant Counsel
Kendall Brill & Kelly LLPShipman & Goodwin LLPGavrilov & BrooksCooley LLPCohen Williams LLP
Major Filings
Motion to Dismiss Securities Claims in Second Amended Complaint (Perone and EMAX Holdings)
February 21, 2023
Reply in Support of Perone and EMAX Holding’s Motion to Dismiss Securities Claims in Second Amended Complaint
May 1, 2023
Order Granting in Part and Denying in Part Omnibus Defendants’ Motions to Dismiss and Individual Defendants’ Motion to Dismiss and Strike
June 6, 2023
Reply in Support of Perone and EMAX Holding’s Motion to Dismiss Third Amended Complaint
September 6, 2023
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