McGreevy, et al., v. Digital Currency Group, Inc., et al. United States District Court – District of Connecticut Class Period: February 2, 2021 – november 16, 2022 Attorneys: Donald R. HallDHall@kaplanfox.comJeffrey P. Campisi JCampisi@kaplanfox.comJason A. Uris JUris@kaplanfox.com Documents: Amended Complaint Opposition to Motion to Dismiss Kaplan Fox & Kilsheimer Appointed Co-Lead Counsel in Digital Currency Group Case Kaplan Fox & Kilsheimer LLP is serving as Co-Lead Counsel in McGreevy, et al., v. Digital Currency Group, Inc., et al. pending in the United States District Court for the District of Connecticut. On November 13, 2023, Lead Plaintiffs filed an amended complaint against Digital Currency Group, Inc., Barry Silbert, Glenn Hutchins, Lawrence Lenihan, Michael Kraines, Mark Murphy, Soichiro “Michael” Moro, and Derar Islim alleging violations of the Securities Act of 1933, the Securities Exchange Act of 1934, and violations of New York and Connecticut consumer protection statutes. A copy of the November 13, 2023 amended complaint can be viewed here. The Complaint states that on November 16, 2022, Genesis Global Capital announced, via Twitter, that Genesis Global Capital would not permit further redemptions or new loan originations due to withdrawal requests exceeding Genesis Global Capital’s liquidity: “FTX events have created an unprecedented market, resulting in abnormal withdrawal requests, which have exceeded our current liquidity… In consultation with our professional financial advisors at counsel we have taken the difficult decision to temporarily suspend redemptions and the new loan origination in the lending business[.]” WHY CONTACT KAPLAN FOX Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. Connect with Kaplan Fox. Receive a complimentary case review now. Contact Us Barclays iPath Series B S&P 500 VIX Short-Term Futures ETN See the Case Charles River Laboratories International, Inc. See the Case Digital Currency Group, Inc. See the Case Spectrum Pharmaceuticals, Inc. See the Case Co-Diagnostics, Inc. See the Case Vale SA See the Case Geron Corporation See the Case Hecla Mining Company See the Case Textron Inc. See the Case Ambac Financial Group Securities Litigation See the Case Citigroup CSO Hedge Fund Class Action See the Case Eletrobras Securities Litigation See the Case
