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Friel v. Dapper Labs, Inc. et al
Case Number:
1:21-cv-05837
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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October 28, 2024
$4M Settlement Over NBA-Themed NFTs Gets Final OK
A New York federal judge on Monday granted final approval to a $4 million settlement between the firm behind NBA-focused non-fungible tokens and a class of purchasers who accused the digital assets company of selling the tokens as unregistered securities, and awarded roughly a third of the settlement fund in attorney fees.
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June 04, 2024
NBA-Tied NFT Co. To Pay $4M Over Buyers' Securities Claim
A New York federal judge on Tuesday gave initial approval to a proposed $4 million settlement between the firm behind NBA-focused non-fungible tokens and a class of purchasers who accused the digital assets company of selling the digital assets as unregistered securities.
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March 16, 2023
Crypto Biz Says Its NBA NFTs Are Not Unregistered Securities
The company behind NBA-focused non-fungible tokens known as Top Shot Moments again argued its NFTs are "simply modernized trading cards" and not investment contracts following a New York federal court's refusal to dismiss a proposed class action accusing the company of selling unregistered securities.
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February 22, 2023
NBA-Tied Crypto Co. Can't Dodge Unregistered Securities Suit
A New York federal judge decided Wednesday that the basketball-focused non-fungible tokens known as Top Shot Moments qualify as investment contracts, allowing a proposed class action accusing the creator of the tokens of selling unregistered securities to move forward.
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November 01, 2022
NBA-Highlight NFTs Count As Securities, Purchasers Say
A proposed class of NBA Top Shot nonfungible token purchasers has urged a New York federal court not to toss its suit against the creator of the NFT application, arguing its claim of an unregistered securities offering should stand because the NFTs are considered securities.