EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Riot Blockchain, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of April 18, 2018 – RIOT
NEW YORK, NY / ACCESSWIRE / April 16, 2018 / The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Riot Blockchain, Inc. (“Riot Blockchain”) (NASDAQ: RIOT) between October 4, 2017, and February 15, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Colorado. To get more information, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that, throughout the Class Period, Defendants issued materially 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’Rourke; (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, 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.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll-Free: (877) 363-5972
Fax: (212) 363-7171
SOURCE: Levi & Korsinsky, LLP