SOL INVESTOR ALERT: GLOBAL INVESTOR COUNSEL ROSEN Encourages Solana Investors Suffering Losses to Seek Advice Ahead of Important Deadline in Securities Class Action


NEW YORK, July 15, 2022 /PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of SOL tokens (“SOL securities”) between March 24, 2020 and inclusive today (the “Class Action Period”), against Solana Laboratories, Inc., the Solana Foundation, Anatoly Yakovenko, Multicoin Capital Management LLC, Kyle Samani and FalconX LLC (together, the “Defendants”). A class action lawsuit has already been filed. If you wish to act as lead plaintiff, you must move the Court not later than September 6, 2022.

SO WHAT: If you purchased SOL Securities during the Class Period, you may be entitled to compensation without payment of any fees or out-of-pocket costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the SOL class action, go to https://rosenlegal.com/submit-form/?case_id=7539 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action. A class action lawsuit has already been filed. If you wish to act as lead plaintiff, you must move the Court not later than September 6, 2022. A lead plaintiff is a representative party acting on behalf of the other class members to direct the litigation.

WHY THE ROSEN LAW: We encourage investors to select qualified lawyers with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company obtained more than $438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, Solana issues securities that must be, but are not, registered with the United States Securities and Exchange Commission. Throughout the Class Period, Defendants promoted SOL securities (SOL tokens) and sold them to investors, who suffered losses as a result of purchasing SOL securities.

To join the SOL class action, go to https://rosenlegal.com/submit-form/?case_id=7539 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action.

No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent party member and do nothing at this point. An investor’s ability to participate in any potential future upturn does not depend on their status as lead plaintiff.

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Contact information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

SOURCE Rosen Law Firm, Pennsylvania

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