#United States #New York #Rosen Law Firm #IMX Token #Immutable

Rosen Law Firm Investigates Potential Claims Against Immutable for IMX Token Purchasers

In a recent announcement, the Rosen Law Firm, a prominent global firm focused on investor rights, revealed its investigation into potential securities claims against Immutable. This inquiry arises from serious allegations that the company may have disseminated materially misleading information regarding its business operations to the public, particularly centered around its IMX token.

What prompted the investigation?

On November 1, 2024, Immutable disclosed that the U.S. Securities and Exchange Commission (SEC) had issued a Wells Notice concerning its sales of IMX tokens, suggesting that the SEC is scrutinizing the company’s prior actions during its token launches and private sales in 2021. This notice serves as a formal warning that the SEC believes there is sufficient evidence to pursue enforcement action against the company.

The implications of such an investigation can be significant for investors, particularly those who purchased IMX tokens. The Rosen Law Firm is actively looking to gather individuals who may have been negatively impacted by the alleged misleading statements made by Immutable. Through a class action lawsuit, affected token purchasers could potentially recover their losses without incurring upfront legal costs as the firm operates on a contingency fee basis.

How to get involved

If you've purchased IMX tokens and want to understand your rights regarding the potential class action lawsuit, the Rosen Law Firm encourages you to reach out. Individuals can visit their website at Rosen Legal or contact Phillip Kim, Esq. via the toll-free number 866-767-3653. Email inquiries can also be directed to [email protected] for more information on the situation.

Why choose Rosen Law Firm?

The Rosen Law Firm emphasizes the importance of selecting skilled counsel when dealing with securities class actions. This firm brings extensive experience, maintaining a solid track record in high-stakes litigation scenarios. It has been recognized for its significant achievements—including securing the largest securities class action settlement against a Chinese company and ranking first for the number of settlements in this field in previous years.

Many investment-focused law firms lack the same level of experience and have not been recognized as leaders in securities litigation. The Rosen Law Firm, however, has recovered hundreds of millions of dollars for investors, showcasing its dedication and capability in seeking justice for clients. In 2019, the firm managed to secure over $438 million for affected investors. Such outcomes contribute to the firm’s reputation and have received acknowledgment from legal ratings entities like Lawdragon and Super Lawyers.

Follow for updates

Investors are encouraged to keep abreast of developments in this investigation by following the Rosen Law Firm on social media platforms including LinkedIn, Twitter, and Facebook. Regular updates will assist interested parties in staying informed about the evolving nature of the case and any subsequent actions they may need to take.

This kind of legal inquiry highlights the need for transparency in the rapidly evolving cryptocurrency market. As investigations unfold, it is crucial for all investors to consult knowledgeable legal counsel to explore their rights and options moving forward. The Rosen Law Firm stands ready to assist those potentially affected by Immutable’s actions concerning the IMX token and is dedicated to ensuring that investor rights are upheld.