Rosen Law Firm probes Flow Foundation over FLOW cryptocurrency investor claims
NEW YORK, July 15. Rosen Law Firm said it is investigating potential securities claims on behalf of FLOW cryptocurrency investors, citing allegations against Flow Foundation. The New York firm, which describes itself as a global investor rights law firm, disclosed Tuesday that the probe is ongoing and urged FLOW-USD holders to inquire about the class action investigation.
NEW YORK, July 15. Rosen Law Firm said it is investigating potential securities claims on behalf of FLOW cryptocurrency investors, citing allegations against Flow Foundation. The New York firm, which describes itself as a global investor rights law firm, disclosed Tuesday that the probe is ongoing and urged FLOW-USD holders to inquire about the class action investigation.
The investigation
The probe targets Flow Foundation, the entity linked to the FLOW-USD token, over allegations involving its statements to investors, the firm said. Rosen Law Firm's announcement used the phrase "continues to investigate," indicating the inquiry predated Tuesday's disclosure. The firm did not specify the nature of the alleged conduct, the period under review, or what relief it intends to seek. No formal complaint was cited in the announcement.
Investor contact
Rosen Law Firm said it is soliciting contact from FLOW-USD investors who believe they have claims. The Tuesday announcement did not specify minimum loss thresholds or participation deadlines.