#USA #New York #Rosen Law Firm #IMX Token #Immutable

Rosen Law Firm Investigates IMX Token Purchasers

Rosen Law Firm, a leading global investor rights legal firm, has initiated an investigation concerning possible securities claims against Immutable. This comes in light of mounting allegations asserting that Immutable may have misled investors by providing materially misleading business information regarding the sales of IMX tokens.

What Prompted the Investigation?

On November 1, 2024, Immutable disclosed that the Securities and Exchange Commission (SEC) had issued a Wells Notice to the company regarding its sale practices of IMX tokens. The SEC appears to be scrutinizing the listing and private sales of IMX conducted in 2021. This announcement has raised alarms among investors, prompting them to seek legal recourse to recover potential losses.

Who Should Take Action?

If you purchased IMX tokens, you might be eligible for compensation under a prorated contingency fee structure, meaning you won’t incur out-of-pocket expenses while pursuing a claim. Rosen Law Firm is preparing a class action lawsuit aimed at recovering funds for affected investors, asserting their right to compensation based on the potentially misleading information disseminated by Immutable.

Next Steps for Investors

Interested parties are encouraged to participate in the class action process. To initiate this, investors can either visit Rosen Law Firm's website or contact Phillip Kim, Esq., directly at 866-767-3653. Alternatively, investors can email the firm for detailed information about the class action.

The Importance of Qualified Legal Representation

Shrewd investors are advised to choose legal counsel with proven success in securities litigation. Unfortunately, many law firms that issue notices lack the necessary experience or resources, and they may not actively litigate securities class actions. Rosen Law Firm distinguishes itself with a long-standing record of excellence in representing investors in securities fraud cases. Notably, the firm secured the largest securities class action settlement involving a Chinese company at that time and has consistently ranked in the top tier for settlements since 2013.

Rosen Law Firm's Track Record

Rosen Law Firm has successfully recovered hundreds of millions of dollars for investors in various case settlements. In 2019 alone, the firm achieved a remarkable $438 million settlement for investors, marking a year of extensive recovery. Furthermore, founding partner Laurence Rosen received notable accolades such as being named a Titan of the Plaintiffs' Bar by Law360. Many attorneys at the firm have also gained recognition through reputable legal publications like Lawdragon and Super Lawyers.

Stay Updated

For ongoing updates regarding this investigation and other relevant securities matters, investors can follow Rosen Law Firm on LinkedIn, Twitter, and Facebook. Links to these platforms can be found on their official website.

In conclusion, investors who have participated in the purchase of IMX tokens may want to consider their legal options, given these recent developments. The timeline for filing claims can be crucial; taking timely action may prove beneficial for those impacted by Immutable's alleged misrepresentations. Rosen Law Firm stands ready to assist investors in navigating this legal landscape, emphasizing the importance of informed legal representation to maximize recovery outcomes in securities class action lawsuits.