{"id":864293,"date":"2023-02-16T06:00:08","date_gmt":"2023-02-16T05:00:08","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/robbins-geller-files-first-of-its-kind-lawsuit-against-venture-capital-firms-that-backed-ftx\/"},"modified":"2023-02-16T06:00:08","modified_gmt":"2023-02-16T05:00:08","slug":"robbins-geller-files-first-of-its-kind-lawsuit-against-venture-capital-firms-that-backed-ftx","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/robbins-geller-files-first-of-its-kind-lawsuit-against-venture-capital-firms-that-backed-ftx\/","title":{"rendered":"Robbins Geller Files First-of-Its-Kind Lawsuit Against Venture Capital Firms That Backed FTX"},"content":{"rendered":"SAN DIEGO--(BUSINESS WIRE)--On February 14, 2023, Robbins Geller Rudman &amp; Dowd LLP filed a federal class action complaint against venture capital firms Sequoia Capital, Thoma Bravo, and Paradigm Operations for their conduct in financing and promoting the now-bankrupt cryptocurrency exchanges West Realm Shires Services Inc. d\/b\/a FTX US and FTX Trading LTD. d\/b\/a FTX (collectively, \u201cFTX\u201d).\n\n\n\nThe class action lawsuit alleges that defendants made materially false and misleading statements promoting FTX and its services to induce customers to use the FTX platform for crypto trading and investing and thereby increase the value of defendants\u2019 significant investments in FTX. The complaint asserts claims under California\u2019s Unfair Compe<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>SAN DIEGO&#8211;(BUSINESS WIRE)&#8211;On February 14, 2023, Robbins Geller Rudman &amp; Dowd LLP filed a federal class action complaint against venture capital firms Sequoia Capital, Thoma Bravo, and Paradigm Operations for their conduct in financing and promoting the now-bankrupt cryptocurrency exchanges West Realm Shires Services Inc. d\/b\/a FTX US and FTX Trading LTD. d\/b\/a FTX (collectively, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-864293","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - 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