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Case Status:    DISMISSED    
On or around 04/27/2021 (Notice of voluntarily dismissal)

Filing Date: April 03, 2020

According to the Complaint, Status Research & Development GmbH is the developer of an open source messaging platform and mobile interface to interact with decentralized applications that run on the Ethereum Network.

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

On July 22, 2020, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on July 28. On September 11, Lead Plaintiff filed a second amended Complaint. Lead Plaintiff filed a third amended Complaint on November 12.

On April 27, 2021, Lead Plaintiff voluntarily dismissed the case.

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