The class action lawsuit, filed in a US District Court in Florida by Coral Springs-based law firm Silver Miller, alleges that Tezos’ organizers broke US securities laws and defrauded and misled participants in the online fundraiser, according to court documents. Many who put money toward the initial coin offering consider themselves investors, but the funds were raised as non-refundable donations. Zimbabwe military says seizes power to stop ‘criminals’The lawsuit was filed on Monday and made public on Wednesday. Neither Brian Klein, an attorney for the Breitmans, nor Johann Gevers, president of the Tezos Foundation, immediately responded to requests for comment. Try ZimbabweThis time frame, revealed by Reuters, was not disclosed to investors despite being “a highly material fact,” the lawsuit alleges.
Source: The Express Tribune November 16, 2017 07:30 UTC