Bronstein, Gewirtz & Grossman, LLC Notifies Yuga Labs, Inc. Investors of Class Action and to Actively Participate

NEW YORK, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed on behalf of investors of Yuga Labs, Inc. ("Yuga Labs" or the "Company") non-fungible tokens ("NFTs") or ApeCoin tokens ("ApeCoin") purchased April 23, 2021 and December 8, 2022, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/yuga.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.

The Complaint alleges that the defendants violated provisions of the Securities Exchange Act of 1934 by making false and misleading statements concerning Yuga's growth prospects, financial ownership, and financial benefits for Yuga securities investors, as well as using celebrity promoters to lure in unsuspecting investors so that Yuga insiders could sell the unregistered Yuga securities in violation of the Securities Act of 1933.

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/yuga 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 suffered a loss in Yuga Labs, you have until February 7, 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