LAW.COM
Sullivan & Cromwell Dismissed as Defendant in Lawsuit from FTX Investors
The law firm was voluntarily dismissed with prejudice from the complaint in the Southern District of Florida on Thursday, with a press release from plaintiff attorney Adam Moskowitz of the Moskowitz Law Firm stating, "We don't think, based on the evidence, that we've seen that there's enough here to state a cause of action, so we dismissed it."
Moskowitz added that no settlement was associated with the dismissal and that he would continue to pursue claims against "43 responsible parties."
REUTERS
FTX investors drop lawsuit against law firm Sullivan & Cromwell
Moskowitz cited the work done by FTX bankruptcy examiner Robert Cleary of Patterson Belknap Webb & Tyler, who found in reports issued in May and September, that Sullivan & Cromwell was not complicit in the fraud that caused the crypto company's collapse and had not ignored red flags during its representation of former FTX CEO and founder Sam Bankman-Fried.
LAWFUEL
Adam Moskowitz – The Crypto Lawyer Battling The FTX Bankruptcy
In the rapidly evolving world of cryptocurrency and the scandalous collapse of the FTX exchange, one name has emerged as a formidable force in the legal arena: Adam Moskowitz, the ‘Crypto Crusader’ who has become synonymous with high-profile class action lawsuits against major players in the crypto industry.
DECRYPT
NBA Star Jimmy Butler and Ben ‘Bitboy’ Armstrong Settle in Binance Lawsuit
YouTube influencer Ben “BitBoy” Armstrong and Miami Heat basketball star Jimmy Butler have agreed to pay $340,000 in monetary relief to settle claims that they promoted the sale of unregistered securities offered through Binance, according to The Moskowitz Law Firm.
NASDAQ
Shaq to face million-dollar NFT questions as split decision rocks former NBA star
Adam Moskowitz, the legal representative of the investors who lost their funds in the NFTs, said, “We are extremely fortunate that Judge Moreno authored the first extensive ruling on cryptocurrency and celebrity promotions.”
DAILY BUSINESS REVIEW
First Promoters Jimmy Butler, Ben Armstrong to Settle in Binance Litigation
Adam Moskowitz, the managing partner at the Moskowitz Law Firm in Coconut Grove, and David Boies, the chair of Boies Schiller Flexner in New York, have also moved for preliminary approval of the proposed settlement class, to appoint class representatives and to appoint them co-lead class counsel.
REUTERS
Shaquille O’Neal must face claims for promoting NFTs as securities. An FTX portent?
Plaintiffs' lawyer Adam Moskowitz of The Moskowitz Law Firm represents both the NFT purchasers suing O’Neal and FTX customers in a huge consolidated case before U.S. District Judge Michael Moore in Miami. On Friday, Moskowitz immediately filed notice of Moreno’s NFT ruling in the Miami FTX litigation, in which plaintiffs have accused O’Neal and several other sports and television stars of illegally promoting unregistered FTX securities.
Fox Business
FTX class action lawsuit looks to hold powerful celebrities liable
FTX class action lawsuits co-lead counsel Adam Moskowitz explains how he plans to collect the money stolen by Sam Bankman-Fried on 'The Big Money Show.'
Blockworks
SBF’s ambitions went too far, judge says when handing down 25-year sentence
The hearing, which lasted just over two hours, included statements from FTX victim and self-proclaimed “creditor champion” Sunil Kavuri, and Adam Moskowitz, the attorney heading up the FTX class action lawsuit.
Law 360
Adam Moskowitz Selected To Law 360 Florida Advisory Board
Nationally-recognized class-action attorney and Professor, Adam Moskowitz, the Founding and Managing Partner at The Moskowitz Law Firm, has been selected to serve on the prestigious Law360 Florida Advisory Board.
Moskowitz says, “Law360 is such a valuable and essential resource in our class action practice, It is a real honor to serve and give back on the Florida Advisory Board.”
Law 360
Binance Investors Must Wait To Depose Ex-CEO, Judge Says
In a statement, Adam Moskowitz of The Moskowitz Law Firm PLLC, counsel for the investors, acknowledged the court's reasoning and said: "Knowing that we will be able to eventually uncover this discovery from Binance is extremely helpful to all of our victims."
Bloomberg
FTX Investors Sue Sullivan & Cromwell, Say Firm Aided Fraud
The Moskowitz Law Firm, which is behind actions against Tom Brady and other celebrity endorsers of FTX, brought the suit in Miami federal court. Sullivan & Cromwell “actively participated” in the FTX fraud through legal work that gave it deep insight into the exchange’s inner workings, investors allege. Firm lawyers knew where customer money was held and about the “untruthful and fraudulent conduct and misappropriation” of the money, the investors claim.
Miami’s Community News
Eight Annual National Miami Class Action Forum
Many of the most experienced federal judges, plaintiff and defense lawyers, and experts in class action litigation, will be speaking at the 8th Annual University of Miami School of Law Class Action Forum on January 26. The Forum in Miami draws hundreds of lawyers and judges each year from across the country.
Nationally known Class Action attorney Adam Moskowitz, who has been the Adjunct Professor in Class Action Law at UM’s law school for more than 31 years, helped create the Forum with his colleagues and good friends at Podhurst, Orseck and Lance Harke.