Latham & Watkins partner Kevin M. McDonough has entered an appearance for Coinbase, a digital currency wallet and trading platform, and its top executives in a pending securities class action. The complaint, filed Aug. 4 in New Jersey District Court by Pomerantz LLP, accuses Coinbase of making materially false and misleading statements regarding the company’s business operations and compliance policies. The case, assigned to U.S. District Judge Brian R. Martinotti, is 2:22-cv-04915, Patel v. Coinbase Global, Inc. et al.
This suit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector.