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ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Game of Silks NFT Investors to Secure Counsel Before Important Deadline in Securities Class Action
LAWCS Disco(LAW) GlobeNewswire News Room·2025-04-14 23:05

Core Viewpoint - Rosen Law Firm is reminding purchasers of Game of Silks NFTs about the April 25, 2025 lead plaintiff deadline for a class action lawsuit, indicating potential compensation for affected investors without upfront costs [1][2]. Group 1: Class Action Details - A class action lawsuit has been filed against Game of Silks, and interested parties can join by contacting Rosen Law Firm [2][5]. - The lawsuit alleges that Game of Silks sold NFTs that are classified as securities under the Securities Act of 1933, which required registration statements that were never filed with the SEC [4]. - The complaint claims that Game of Silks made material misstatements and omissions regarding its business model and financial sustainability during the sale of NFTs [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and reputation in the field [3].