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SHAREHOLDER ALERT: Robbins LLP Announces that Coinbase Global, Inc. (COIN) is Being Sued for Misleading Shareholders


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Shareholder rights law firm Robbins LLP announces that a class action has been filed on behalf Coinbase Global Inc. (NASDAQ: COIN) Class A common stock shareholders pursuant to the Company s April 2021 initial public offering ( IPO ). Coinbase provides financial infrastructure and technology for the cryptoeconomy.
If you suffered a loss due to Coinbase Global, Inc. s misconduct, click here.
Coinbase Global, Inc. (COIN) Made False and Misleading Statements in its Offering Materials Supporting its IPO
According to the complaint, Coinbase held its IPO on April 14, 2021, registering for the resale of up to 114,850,769 shares of its Class A common stock by registered shareholders. The Registration Statement touted the Company s robust backend technology system and emphasized its liquidity and capital resources, noting, We believe our existing cash and cash equivalents will be sufficient to meet our working capital and capital expenditur ....

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