Description
The plaintiffs sue Voyager executives for violating securities laws by offering Earn Accounts that paid interest to users in exchange for lending the company's VGX Tokens.
Legal Significance
Voyager settles securities class action over its lending program. Interestingly, Judge Jackson recently held that a similar program offered by Binance was not a securities offering.
Issues
Status
Settled
Case No.
1:22-cv-09590
Date Filed
November 9, 2022
Plaintiff
Shaun RobertsKen SheppardRandy Roberts
Defendant
Stephen EhrlichGerard HansheDavid BrosgolJanice BarrilleauxPhilip EytanJarrett LilienLewis BatemanDavid BrillJon BrosnahanDan CostantinoMarshall JensenEvan Psaropoulos
Court
USDC Southern District of New York
Plaintiff Counsel
Taylor-Copeland LawScott+Scott Attorneys at Law LLP
Defendant Counsel
Day Pitney LLPJenner & Block LLPCalfee Halter & Griswold
Major Filings
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