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Case Status:    ONGOING    
On or around 04/23/2020 (Date of last review)

Filing Date: April 03, 2020

According to the Complaint, HDR Global Trading Limited launched in 2014. By January 2017, it had become, and remains, the largest cryptocurrency derivatives exchange in the world, with the highest trading volume of any such futures exchange.

Individually and on behalf of all others similarly situated, Plaintiffs bring this action against Defendants HDR Global Trading Limited, ABS Global Trading Limited (together with HDR Global Trading Limited, “BitMEX”), and the individual Defendants. On behalf of (a) a class of investors who purchased securities and commodities futures that BitMEX sold through its exchange since July 1, 2017 (the “Class”), and (b) a subclass of investors who purchased digital-tokens futures that, without registering under applicable federal and state securities laws as an exchange or broker-dealer and without a registration statement in effect, BitMEX sold through its exchange since July 1, 2017 (the “Subclass”), Plaintiffs and members of the Class and Subclass seek to recover the damages suffered from Defendants’ allegedly unlawful actions, the consideration paid for the products, and the fees they paid to BitMEX in connection with their purchases.

Plaintiffs filed an amended Complaint on April 23, 2020.

COMPANY INFORMATION:

Sector: Financial
Industry: Consumer Financial Services
Headquarters: Other

SECURITIES INFORMATION:

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-02805
JUDGE: Hon. Andrew L. Carter, Jr.
DATE FILED: 04/03/2020
CLASS PERIOD START: 07/01/2017
CLASS PERIOD END: 04/03/2020
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Roche Cyrulnik Freedman LLP
  2. Selendy & Gay, PLLC
No Document Title Filing Date
COURT: S.D. New York
DOCKET #: 20-CV-02805
JUDGE: Hon. Andrew L. Carter, Jr.
DATE FILED: 04/23/2020
CLASS PERIOD START: 06/08/2017
CLASS PERIOD END: 04/23/2020
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Roche Cyrulnik Freedman LLP
  2. Selendy & Gay, PLLC
No Document Title Filing Date
—Related District Court Filings Data is not available