Eqonex Limited

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Eqonex Limited f/k/a Diginex Limited (OTC: EQOSQ) securities between March 7, 2022 and November 29, 2022, both dates inclusive (the “Class Period”) and/or unregistered securities between April 8, 2021 and April 20, 2023 (the “Unregistered Securities Class Period”) (collectively, the “Classes”).  A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 20, 2023.

If you purchased EQONEX registered and/or unregistered securities (including EQO Tokens) and would like to join the action, please click “Join This Class Action.”

Class Period:March 7, 2022 through November 29, 2022 and/or April 8, 2021 through April 20, 2023


11 Days
If you purchased EQONEX registered securities and/or unregistered securities (including EQO Tokens) during the Class Periods you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that:

  • defendants were not interested in leveraging the EQONEX Exchange or deploying resources to strengthen that technology;
  • EQONEX had no way of paying Bifinity back pursuant to the Loan Agreement;
  • defendants had no intention of consummating a merger between EQONEX and Bifinity or Binance; and
  • as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Eqonex Limited f/k/a Diginex Limited
Stock Symbol: EQOSQ
Class Period: March 7, 2022 through November 29, 2022 and/or April 8, 2021 through April 20, 2023
Court: United States District Court Southern District of New York

Why Rosen Law

The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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