NEW YORK, Sept. 21, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Coinbase Global, Inc. (“Coinbase” or the “Company”). COIN and some of his officers. The class action, filed in the United States District Court for the District of New Jersey and registered at 22-cv-04915, is on behalf of a class consisting of all persons and entities other than the defendants who purchased or otherwise acquired Coinbase securities April 14, 2021 and July 26, 2022, both dates inclusive (the “Collection Period”), in an attempt to recover damages caused by the Defendants’ violations of the federal securities laws and remedies under Sections 10(b ) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder against the Company and certain of its senior officials.

If you are a shareholder who purchased or otherwise acquired Coinbase securities during the class action period, you have until October 3, 2022 to ask the court to appoint you as lead plaintiff in the class action. A copy of the complaint is available at www.pomerantzlaw.com. To discuss this promotion, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, ext. 7980. Persons inquiring by email are asked to provide their mailing address, telephone number and the number of shares purchased.

[Click here for information about joining the class action]

Coinbase provides financial infrastructure and technology products and services for the cryptocurrency economy (or “cryptoeconomy”) in the United States and internationally. The company reportedly provides the primary financial account in the crypto economy for retailers, a marketplace with a liquidity pool for institutional crypto asset transactions, and technologies and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment.

The complaint alleges…