This class action lawsuit is filed against Block.one for complete violations of federal securities law.
As announced by the Schall law firm, the investors who purchased the EOS tokens between June 26, 2019, and April 3, 2020, are supposed to contact the firm before June 8. In case you are a shareholder, then you can visit the website of Schall Law Firm for further instructions.
Further information on this lawsuit
This class action lawsuit is not yet certified. As we know, until this lawsuit is verified, the attorney privilege is not allowed. And if you choose to take no action, you can stay as you are and remain an absent class member. According to the lawsuit filed, the Block.one company made false promises and statements to the market. And, they failed to file a registration statement for the security privileges it was offering.
The Schall Law Firm is one of the best as it represents investors around the world and has a specialization in securities class action lawsuits.