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Canaan Faces Class Action Lawsuit From A Top Ranked Law Firm

Ramsey Baker

Summary: Canaan, the blockchain services and cryptocurrency mining hardware producer, is facing a class-action lawsuit filed by investors after claims of dubious practices for attracting investments. Rosen law firm, a top ranked investor focused law firm, announced they had initiated a class action lawsuit on behalf of purchasers of the initial public offering (IPO) of Canaan Inc. ...

Canaan, the blockchain services and cryptocurrency mining hardware producer, is facing a class-action lawsuit filed by investors after claims of dubious practices for attracting investments.

Rosen law firm, a top ranked investor focused law firm, announced they had initiated a class action lawsuit on behalf of purchasers of the initial public offering (IPO) of Canaan Inc. The firm alleges that Canaan investors suffered damages due to false and misleading claims and failure to disclose a number of issues.

By Ramsey Baker

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