A lawsuit was filed on behalf of investors in Crypto Co (OTCMKTS:CRCW) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 01/23/2018 -- An investor, who purchased shares of Crypto Co (OTCMKTS:CRCW), filed a lawsuit against Crypto Co over alleged violations of Federal Securities Laws.
Investors who purchased shares of Crypto Co (OTCMKTS:CRCW) have certain options and for certain investors are short and strict deadlines running. Deadline: February 20, 2018. Crypto Co (OTCMKTS:CRCW investors should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
On December 19, 2017, the U.S. Securities and Exchange Commision ("SEC") temporarily suspended Crypto Co (OTCMKTS:CRCW) stock from trading due to concerns that the stock was being manipulated after the shares surged more than 17,000% in less than 3 months. The SEC said it was alarmed about "the accuracy and adequacy of information" relating to the compensation paid for promotion of its and statements in SEC filings about the plans of the Company's insiders to sell their stock. Crypto stock was trading at $575 per share at the time trading was suspended and the suspension will remain in effect until January 3, 2018.
The plaintiff claims that between August 21, 2017, and December 18, 2017, the Defendants made false and/or misleading statements and/or failed to disclose that Crypto Co unlawfully engaged in a scheme to promote and manipulate the Company's stock, and that as a result, Crypto Co's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Crypto Co (OTCMKTS:CRCW) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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