NEW YORK, Sept. 7, 2024 —
Rosen Law Firm, a global investor rights law firm, is investigating potential securities claims on behalf of shareholders of Coinbase Global, Inc. (NASDAQ: COIN). The firm believes that Coinbase may have provided misleading information to investors.
If you purchased Coinbase securities, you may be eligible for compensation without any out-of-pocket fees or costs. The Rosen Law Firm is preparing a class action lawsuit to recover losses for investors.
To join the potential class action, visit or contact Phillip Kim, Esq. at 866-767-3653 or for more information.
On July 25, 2024, the Financial Conduct Authority (“FCA”), a U.K. financial regulator, fined CB Payments Limited (“CBPL”), a company affiliated with Coinbase, for violating regulations related to high-risk customers. The FCA determined that CBPL did not adequately prevent these violations.
On the same day, Reuters reported that a Coinbase business in Britain was fined for failing to comply with a regulatory agreement to improve its financial crime defenses. This was the first sanction of its kind in the UK cryptoassets sector.
Following this news, Coinbase‘s stock price decreased by 5.5% on July 25, 2024.
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Attorney Advertising. Prior results do not guarantee a similar outcome.
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Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
SOURCE THE ROSEN LAW FIRM, P. A.