Welcome to the Settlement website for the In Re Tezos Securities Litigation.
If you contributed Bitcoin and/or Ethereum to what the Defendants describe as a fundraiser and what the Plaintiffs describe as an Initial Coin Offering conducted by the Tezos Foundation between July 1, 2017, and July 13, 2017, inclusive, you could receive a payment from this class action Settlement.
This website relates to a Proposed Settlement of claims in pending securities class actions in California federal and state courts alleging, among other things, that Defendants Tezos Foundation (also referred to as the “Foundation”), Dynamic Ledger Solutions, Inc. (“DLS”), Arthur Breitman, and Kathleen Breitman (collectively, the “Defendants”) violated federal securities laws by offering and selling Tezos tokens without filing a registration statement with the United States Securities and Exchange Commission (“SEC”) in violation of the Securities Act of 1933 (the “1933 Act”). The Proposed Settlement, if approved by the Court, will settle claims of the Settlement Class.
Subject to Court approval, Federal Lead Plaintiff Trigon Trading Party Ltd. (“Federal Lead Plaintiff”) and State Plaintiff Andrew Baker (“State Plaintiff”), on behalf of themselves and the Settlement Class (as defined in FAQ 3, have reached a proposed settlement of the Litigations for $25,000,000 in cash that, if approved, will resolve all claims in the Litigations (the “Settlement”).
Your legal rights are affected whether you act or don’t act. Please read this website carefully.