Description
Class action suit against various celebrities, alleging they were scammed into buying NFTs, unregistered securities, and other digital assets at artificially high prices.
Legal Significance
Celebrity endorsements of cryptocurrency products may carry promotor liability.
Status
Motion to Dismiss
Case No.
2:22-cv-08909
Date Filed
December 8, 2022
Plaintiff
Adonis RealAdam Titcher
Defendant
Yuga Labs Inc.Wylie AronowGreg SolanoKerem AtalayZeshan AliNicole MunizJasmin ShoemakerPatrick EhrlundChristopher LyonsAlexis OhanianAmy WuMaaria MajwaDean SteinbeckGuy OsearyMike WinkelmannMadonna Louise CicconeParis HiltonJames FallonElectric Hot Dog Inc.Universal Television LLCJustin BieberGwyneth PaltrowSerena WilliamsThomas PentzAustin Richard PostCalvin Broadus Jr.Kevin HartAlexander PallAndrew TaggartWardell Stephen Curry IINayvadius Wilburn CashAbel TesfayeKhaled Mohammed KhaledAdidas America Inc.Adidas Venture B.V.Moonpay USA LLCIvan Soto-Wright
Court
USDC Central District of California
Plaintiff Counsel
Scott+Scott Attorneys at Law LLPZigler Law Group LLCTaylor-Copeland Law
Defendant Counsel
Skadden Arps Slate Meagher & Flom LLPFenwick & West LLPCooley LLPQuinn Emanuel Urquhart & Sullivan LLPDavis Polk & Wardwell LLPMandavia Ephraim and Burg LLPManatt Phelps & Phillips LLPOrrick Herrington & Sutcliffe LLPVenable LLPLatham & Watkins LLPMcDermott Will & Emery LLPDavis Wright Tremaine LLPPerkins Coie LLP
Major Filings
Motion to Dismiss Amended Complaint by Universal Television, Fallon and Electric Hot Dog (Universal Defendants’)
September 12, 2023
Notice of Joinder in the Yuga Defendant’s Consolidated Motion to Dismiss Amended Complaint by Ohanian, Wu and Bajwa
September 12, 2023
Motion to Dismiss Amended Complaint by Yuga Labs, Aronow, Solano, Atalay, Ali, Muniz, Shoemaker, Ehrlund, Lyons and Oseary (Yuga Labs Defendants’)
September 12, 2023
Notice of Joinder of Yuga Labs Defendants’ Motion to Dismiss Second Amended Complaint by Ohanian, Wu and Bajwa
November 30, 2023
Reply in Support of Moonpay and Soto-Wright’s Motion to Dismiss Second Amended Complaint
January 19, 2024
Reply in Support of Universal Defendants’ Motion to Dismiss Second Amended Complaint
January 19, 2024
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