NEW YORK, NY / ACCESSWIRE / May 11, 2022 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, announces that it is investigating Coinbase Global Inc. ("Coinbase" or the "Company") (NASDAQ:COIN) for potential violations of the federal securities laws.
On Tuesday, May 10, 2022, Coinbase shares fell more than 15% in after-hours trading after reporting first-quarter results that missed analysts' revenue estimates.
The stock has lost more than 70% of its value since late March, as a broader slide in tech stocks and the value of cryptocurrencies hit Coinbase particularly hard.
"The crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings."
If you currently own stock or options in Coinbase Global Inc. and suffered a loss, click here to participate.
If you want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at firstname.lastname@example.org.
About the Firm
Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, corporate governance and shareholder rights, consumer, and cybersecurity and data privacy litigation, as well as whistleblower representation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at labaton.com.
David J. Schwartz
SOURCE: Labaton Sucharow LLP
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