Clifford v. Status Research & Development GmbH et al

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Case overview

Case Number:

1:20-cv-02815

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Naomi Reice Buchwald

Firms

  1. April 28, 2021

    Investors Withdraw Slew Of Suits Against Crypto Companies

    Five proposed class actions against a range of cryptocurrency companies have been voluntarily dismissed in New York federal court, dealing a blow to a salvo of 11 suits filed last year alleging widespread securities law violations.

  2. January 15, 2021

    Investors Say Crypto Co. Status Research 'Tricked' Them

    Investors suing Swiss blockchain technology company Status Research urged a New York federal judge Thursday not to toss their proposed class action, arguing U.S. securities laws apply to the foreign company's unregistered digital tokens.

  3. December 04, 2020

    Crypto Co. Status Research Seeks Nix Of Securities Suit

    Swiss blockchain technology company Status Research asked a New York federal judge Thursday to toss a proposed class action, saying the complaint is "cookie cutter" as it's one of 11 crypto-asset exchanges and digital token issuers accused of offering and selling billions of dollars' worth of unregistered tokens.

  4. August 07, 2020

    Crypto Execs' Availability Disputed In Securities Suit

    Counsel in a proposed securities class action claiming Status Research engaged in an unregistered securities offering are at loggerheads over providing alternative service to the company's allegedly untraceable executives, with the parties disagreeing on whether a deal had been reached on service and accusing each other of making false assertions.

  5. August 04, 2020

    Investor Says Crypto Execs Trying To Vanish 'Into The Fog'

    A cryptocurrency investor leading a proposed class action alleging Status Research engaged in a $100 million unregistered securities offering has asked a New York federal judge to allow for an alternative way to serve court papers, saying the company's executives may be trying to avoid the case and vanish "into the fog of internet obscurity."

  6. April 06, 2020

    Investors Accuse Crypto Firms Of Illicit Token Sales

    Investors filed a barrage of proposed securities class actions against four crypto-asset exchanges and seven digital token issuers for allegedly offering and selling billions of dollars worth of unregistered tokens, according to 11 suits brought in New York federal court late Friday.

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