COIN Investors Have Opportunity to Join Coinbase Global, Inc. Fraud Investigation with the Schall Law Firm

PRNewswire 6-Aug-2024 10:15 AM

LOS ANGELES, Aug. 6, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Coinbase Global, Inc. ("Coinbase" or "the Company") (NASDAQ:COIN) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Coinbase is the subject of a press release issued by the Financial Conduct Authority ("FCA") announcing it had fined the Company's UK unit, CB Payments Limited ("CBPL"), about $4.5 million "for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers." The UK financial regulator noted that "the breaches were the result of CBPL's lack of due skill, care and diligence in the design, testing, implementation and monitoring of the controls put in place" that would prevent such breaches.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:
The Schall Law Firm 
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

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SOURCE The Schall Law Firm