Energy News / Shareholders Foundation, Inc.

Tezos Initial Coin Offering Shareholder Notice: Lawsuit Alleges False and Misleading Statements

Via: ReleaseWire

Updated 12:15 PM CST, Wed, December 20,2017

A lawsuit was filed on behalf of investors in Tezos Initial Coin Offering over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 12/20/2017 -- An investor in the Tezos Initial Coin Offering filed a lawsuit over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements

Those who invested a significant amount in Tezos Initial Coin Offering have certain options and for certain investors are short and strict deadlines running. Deadline: January 25, 2018. Tezos Initial Coin Offering investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that Dynamic Ledger Solutions, Inc., Tezos Stiftung (a/k/a the Tezos Foundation), Kathleen Breitman, and Arthur Breitmanengaged in an unregistered offering and sale of securities in violation of Sections 5, 12(a)(1) and 15 of the Securities Act of 1933, 15 U.S.C. ยงยง 77e, 77l(a)(1) and 77o.

The plaintiff alleges that the Tezos Initial Coin Offering ("ICO") was an offer and sale of "securities" to United States investors and as such, the plaintiff claims that the defendants were required to file a Registration Statement with the Securities and Exchange Commission ("SEC").

However, the plaintiff says that no Registration Statement was filed, and no exemption from registration was available.

The plaintiff seeks to recover bitcoin and ethereum contributed to the Tezos ICO, along with any corresponding appreciation in value of those invested assets, or the equivalent in monetary damages or restitution.

Those who invested a significant amount in Tezos Initial Coin Offering have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/tezos-initial-coin-offering-shareholder-notice-lawsuit-alleges-false-and-misleading-statements-906343.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com