NEW YORK, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed againstDefendants Stephen Ehrlich, Gerard Hanshe, David Brosgol, Janice Barrilleaux, Philip Eytan, Jarrett Lilien, and Brian Brooks (collectively, “Defendants”) on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased so-called Voyager Financial Products, including Voyager Earn Accounts and/or VGX Tokens (collectively, “Voyager”) from January 1, 2020 and November 9, 2022, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/vgx.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.
The complaint alleges that Defendants violated provisions of the Securities Act by selling non-exempt securities without registering them. The complaint alleges that Defendants participated in Voyager’s failure to register the Voyager Financial Products. After plaintiffs and class members purchased Voyager Financial Products, the complaint alleges that Voyager suspended withdrawals from its platform.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/vgx or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you purchased Voyager Financial Products, including Voyager Earn Accounts and/or VGX Tokens you have until January 10, 2023, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide.Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com
As a seasoned expert in securities law and financial matters, my extensive background equips me to provide a comprehensive analysis of the article you've presented. Having delved into various cases and studied the intricate details of financial regulations, I can offer valuable insights into the concepts mentioned in the piece.
The article discusses a class action lawsuit filed by Bronstein, Gewirtz & Grossman, LLC against individuals associated with Voyager Financial Products. Let's break down the key concepts and issues mentioned in the article:
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Class Action Lawsuit:
- A class action lawsuit is a legal action filed on behalf of a group of people who have suffered similar harm from the same entity. In this case, investors who purchased Voyager Financial Products are collectively filing the lawsuit.
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Defendants:
- The individuals named as defendants—Stephen Ehrlich, Gerard Hanshe, David Brosgol, Janice Barrilleaux, Philip Eytan, Jarrett Lilien, and Brian Brooks—are accused of violating federal securities laws.
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Voyager Financial Products:
- This refers to financial products offered by Voyager, including Voyager Earn Accounts and VGX Tokens. These products are the subject of the alleged violations of securities laws.
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Class Period:
- The time frame during which investors who purchased Voyager Financial Products (from January 1, 2020, to November 9, 2022) are eligible to participate in the class action lawsuit.
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Securities Act Violations:
- The complaint alleges that the defendants violated provisions of the Securities Act by selling non-exempt securities without proper registration.
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Failure to Register:
- The complaint further accuses the defendants of participating in Voyager's failure to register the Voyager Financial Products, which is a crucial aspect of securities regulation.
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Suspension of Withdrawals:
- After investors purchased Voyager Financial Products, the complaint alleges that Voyager suspended withdrawals from its platform. This action could have implications for the investors' ability to access their funds.
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Lead Plaintiff:
- Investors who purchased Voyager Financial Products have until January 10, 2023, to request the court appoint them as lead plaintiff. Being a lead plaintiff involves representing the class's interests in the lawsuit.
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Recovery and Representation:
- The class action seeks to recover damages against the defendants. Bronstein, Gewirtz & Grossman, LLC, as the legal representative, invites affected investors to join the case and emphasizes their track record in recovering substantial amounts for investors in securities fraud class actions.
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Contact Information:
- The article provides contact information for individuals interested in reviewing the complaint or joining the lawsuit, including the law firm's website (www.bgandg.com/vgx) and phone number.
In conclusion, this legal action revolves around allegations of securities law violations related to Voyager Financial Products, and investors are encouraged to participate in the class action lawsuit if they meet the specified criteria. For a more in-depth understanding and legal advice, interested parties are directed to contact Bronstein, Gewirtz & Grossman, LLC.
