litigation
confidence high
sentiment negative
materiality 0.50
Putative class action filed against Unicoin over Rights Certificates marketing
TransparentBusiness, Inc.
- Class action filed Sept 24, 2025 in SDNY (Finch et al. v. Unicoin Inc.) against Unicoin and certain officers.
- Allegations include violations of New York General Business Law §§ 349, 350 re marketing of Unicoin Rights Certificates.
- Company has not been served; believes claims without merit and intends to defend vigorously.
- Company states it cannot predict outcome or reasonably estimate a range of possible loss at this time.
item 8.01