Baker & Hostetler LLP

07/21/2020 | News release | Distributed by Public on 07/21/2020 08:42

Marc Powers, Joanna Wasick Lead CLE Webinar on Recent Blockchain Class Action Settlements

Partners Marc Powers and Joanna Wasick are speakers for a CLE webinar presented by Celesq titled 'Recent Blockchain Class Action Settlements Provide Tips for Future Cases.' The on-demand webinar examines two class actions and their recent settlements involving companies engaged in initial coin offerings of blockchain tokens in 2017; Tezos Foundation and ATBCoin. By looking at the different circumstances and outcomes of the two cases - with a $25 million settlement in Tezos and a proposed $250,000 settlement in ATB - Powers and Wasick discuss what the implications may be for future class action settlements against issuers of cryptocurrencies, specifically those involving foreign defendants

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