NEW YORK, Oct. 02, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits can be filed on behalf of Coinbase Global, Inc. COINCarvana Co. CVNAKiromic BioPharma, Inc. KRBPand LifeStance Health Group, Inc. LFST. Shareholders have until the deadlines below to petition the court to appear as lead plaintiffs. For more information on each case, see the link provided.

Coinbase Global, Inc. COIN

Class Period: April 14, 2021 – September 21, 2022

Lead Plaintiff Deadline: October 3, 2022

Coinbase, a Delaware company, is one of the world’s largest crypto asset exchanges. Coinbase’s common stock is traded on the NASDAQ in the United States under the ticker symbol “COIN.”

The class action period will begin on April 14, 2021, coinciding with the initial listing of the Company’s common stock on NASDAQ (the “Direct Listing”). The registration statement and prospectus filed in connection with the direct listing (collectively, the “Listing Documents”) contained a letter from the Defendant Brian Armstrong – the Company’s co-founder, chief executive officer and chairman – in which Armstrong explained Coinbase’s commitment to the Maintaining advertised customer confidence. Defendant Armstrong also stressed the company’s commitment to compliance, stating that “[f]from the beginning [the company] decided to focus on compliance, proactively reaching out to regulators to be an educational resource, and acquiring licenses before they were needed.” Defendants highlighted the ability of customers in the listing documents to opt out to exit Coinbase as a custodian of crypto assets, also citing Coinbase’s ability to “support over 90 crypto assets for trading or custody.” Additionally, while the defendants identified certain risk factors related to protecting the assets of Clients indicated, but gave no indication that assets held in custody could be treated as company property – and not clients’ – in which…