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Case Status:    ONGOING    
On or around 06/30/2020 (Date of last review)

Filing Date: April 03, 2020

According to the Complaint, Tron Foundation is a blockchain-focused software development company that is currently developing and promoting the TRON blockchain protocol.

The Complaint alleges that within the Class Period, TRON and individual defendants promoted, offered, and sold TRON’s securities, called TRX tokens, throughout the United States, in violation of federal and state securities laws. Plaintiffs individually and on behalf of investors who purchased TRX in the United States (the “Class”) bring claims to recover the consideration paid for the TRX tokens, together with interest thereon, as well as attorneys’ fees and costs.

On June 30, 2020, the Court issued an Order appointing Lead Plaintiffs and Co-Lead Counsel.


Sector: Technology
Industry: Software & Programming
Headquarters: Singapore


Ticker Symbol: N/A
Company Market: N/A
Market Status: N/A

About the Company & Securities Data

"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: S.D. New York
DOCKET #: 20-CV-02804
JUDGE: Hon. Vernon S. Broderick
DATE FILED: 04/03/2020
CLASS PERIOD END: 04/03/2020
  1. Roche Cyrulnik Freedman LLP
  2. Selendy & Gay, PLLC
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available