In the class action, Adam Moskowitz is joined by David Boies and Stephen Zack of Boies Schiller Flexner as proposed lead counsel for the plaintiff.
November 16, 2022 at 09:38 AM
5 minute read
What You Need to Know
- Attorneys in South Florida and New York hit Samuel Bankman-Fried and over a dozen athletes and celebrities with a nationwide class action lawsuit.
- Plaintiffs asserted FTX’s headquarters in Miami satisfies jurisdictional requirements to file in the U.S. District Court for the Southern District of Florida.
- Plaintiff’s counsel alleged violations of the Florida Securities and Investor Protection Act, the Florida Deceptive and Unfair Trade Practices Act, civil conspiracy, and seek a declaratory judgment.
More bad news for one fallen crypto mogul.
Attorneys at the Moskowitz Law Firm and Boies Schiller Flexner have filed in a federal court in Miami what they say is the first nationwide class action lawsuit against Samuel Bankman-Fried, along with more than a dozen athletes and celebrity defendants who promoted his since-bankrupt FTX Trading Ltd.
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