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Case Status:    ONGOING    
On or around 10/13/2020 (Date of last review)

Filing Date: April 03, 2020

According to the Complaint, BProtocol Foundation ("Bancor") is a blockchainfocused software development company that is currently developing and promoting the Bancor blockchain protocol, and is the issuer of BNT.

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

On August 20, 2020, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on the same day. On September 11, Lead Plaintiff filed a second amended Complaint.

COMPANY INFORMATION:

Sector: Technology
Industry: Software & Programming
Headquarters: Israel

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-02810
JUDGE: Hon. Alvin K. Hellerstein
DATE FILED: 04/03/2020
CLASS PERIOD START: 06/12/2017
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-02810
JUDGE: Hon. Alvin K. Hellerstein
DATE FILED: 09/11/2020
CLASS PERIOD START: 06/12/2017
CLASS PERIOD END: 09/11/2020
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