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 firstname.lastname@example.org 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. §§ 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.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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