#None #Class Action #Kessler Topaz #Gemini

GEMI Investor Alert: Class Action Lawsuit Filed

Attention GEMI investors! If you purchased GEMI Class A common stock or securities between September 12, 2025, and February 17, 2026, you may be entitled to join a class action lawsuit. This alert comes from the nationally recognized law firm, Kessler Topaz Meltzer & Check, LLP (KTMC), which specializes in securities litigation.

Background on the Lawsuit

The class action lawsuit against Gemini Space Station, Inc. (NASDAQ: GEMI) alleges that there were material misstatements and omissions in the company's registration statement and prospectus issued during its IPO. The lawsuit was officially filed in the United States District Court for the Southern District of New York and is assigned Case No. 126-cv-02261.

The claims focus on a period from September 12, 2025, to February 17, 2026, during which investors are said to have faced losses due to misleading information regarding the viability of Gemini's business operations as a crypto platform. Investors must file for lead plaintiff status by May 18, 2026.

Allegations Detailed

Allegations in the complaint highlight key failures on Gemini's part, including:

• - Overstating the viability of its core business.
• - Misrepresenting its commitment and viability in expanding international operations.
• - Suggesting unrealistic financial prospects for the company post-IPO, leading to a significant risk of severe restructuring.

Gemini faced public backlash when they announced further operational shifts on February 5, 2026, which included reducing its workforce by 25% and exiting crucial markets. Following that announcement, the stock price saw an immediate decline. The downward trend continued when the company revealed an approximate 40% increase in operating expenses and notable leadership changes on February 17, 2026.

Impact on Stock Price

As a result of these disclosures, the price of GEMI Class A common stock plummeted. It fell from its IPO price of $28.00 per share down to $5.96 when the complaint was filed, representing a catastrophic 78.7% decline. This significant loss has prompted investors to seek legal options for recovery.

What Should You Do Next?

1. Consider Filing for Lead Plaintiff Status: If you have lost money on your investment in GEMI, you have until May 18, 2026, to file for lead plaintiff status and represent the class in this litigative process.
2. Contact Kessler Topaz Meltzer & Check, LLP (KTMC): Connect with attorney Jonathan Naji for a free case evaluation of your legal rights as an investor. The firm operates on a contingency fee basis, meaning you won't incur any costs unless you successfully recover your losses.
3. Stay Informed: Following the developments in the lawsuit is crucial. KTMC encourages all affected investors to remain proactive in their recovery efforts.

About Kessler Topaz Meltzer & Check, LLP

KTMC is a reputable firm dedicated to protecting the rights of investors. With a history of recovering billions on behalf of clients, they are recognized as one of the top law firms in the U.S. for securities fraud cases. With offices in Pennsylvania and California, KTMC's team of expert attorneys is equipped to handle complex securities litigation, ensuring that you receive the legal support you need.

For more information about the Gemini Space Station, Inc. lawsuit or for a confidential discussion regarding your investment, visit KTMC's website or contact them directly.

Don’t miss out on the opportunity to seek justice for your losses. Act now to secure your rights and potential recovery!