The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the District of Colorado on behalf of investors who purchased Riot Blockchain, Inc. (NASDAQ: RIOT) securities between November 13, 2017 and February 15, 2018.
According to the RIOT lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) despite statements to the contrary, Riot Blockchain's principle executive offices were not in Colorado, but rather in Florida in the same location as shareholder Barry C. Honig, who had a previous working relationship with CEO and Chairman John O’Rouke; (2) Riot Blockchain never intended to hold its Annual General Meetings scheduled for December 28, 2017 and February 1, 2018; and (3) as a result, Defendants’ statements about Riot’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
If you suffered a loss in Riot Blockchain, Inc. you have until April 18, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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