On October 29, 2019 HGT Law filed a shareholder derivative lawsuit (“Lawsuit”) on behalf of the shareholders of The Kraft Heinz Company (“Kraft Heinz” or the “Company”) against 3G Capital Inc. and its affiliates (“3G Capital”), and various Kraft Heinz directors and officers, for breaches of fiduciary duty arising from insider trading and the issue of misleading statements about the financial condition of the Company.
Read MoreOn August 7, 2018, the Honorable Richard Seeborg, United States District Court Judge for the Northern District of California, issued an order denying Defendants’ motions to dismiss a class action brought by HGT Law to seek rescission on behalf of all investors who participated in the July 2017 Tezos initial coin offering (“ICO”).
Read MoreOn April 3, 2018, HGT Law (who previously had been appointed lead counsel by the court) filed a consolidated class action complaint against Defendants Dynamic Ledgers Solutions, Inc. (“DLS”), Tezos Stiftung (“Tezos Foundation”), Kathleen Breitman, Arthur Breitman, Timothy Draper, Draper Associates V Crypto LLC and Bitcoin Suisse AG for violations of the Securities Act of 1933.
Read MoreOn January 19, 2018, HGT Law commenced a second shareholder “opt-out” lawsuit (“Lawsuit”) on behalf of a group of retail investors (“Investors”) against Valeant Pharmaceuticals International, Inc. (“Valeant”) and its senior officers for violations of federal securities laws. To date, this Lawsuit is the only opt-out action that has been filed on behalf of retail investors.
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