: Gemini Earn

Gemini

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of investors in Gemini interest accounts (“GIAs”), through a program called “Gemini Earn,” between February 2, 2021 and December 27, 2022, inclusive (the “Class Period”), against Gemini Trust Company, LLC, Tyler Winklevoss, and Cameron Winklevoss (together, “Defendants”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 27, 2023.

If you invested in Gemini Earn during the Class Period and would like to join the action, please click “Join This Class Action.”

Class Period:February 2, 2021 through December 27, 2022
If you invested in Gemini Earn 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, Gemini is accused of making actionable misstatements. That deceived investors. They allegedly promoted Gemini Earn as a secure method for storing crypto assets and earning interest. However, it’s claimed that Gemini omitted crucial information about the associated risks. Including details about its partner and borrower, Genesis Global Capital, LLC. The lawsuit asserts that the defendants violated securities laws by failing to register as an exchange. Additionally, they are accused of not registering as a broker-dealer. As a result, they are alleged to have offered and sold unregistered securities. Additionally, they are accused of not providing the necessary registration statements for these securities. These registration statements would have played a crucial role in informing investors about the risks and other essential information pertaining to their investments. Such disclosure could have provided a broader understanding of the investment landscape.

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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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.

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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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