BIX ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Announces Securities Class Action Lawsuit Against Bibox Group Holdings Limited, Bibox Technology Ltd., and Bibox Technology OÜ – BIX, EOS, TRX, OMG, LEND, ELF

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers: (i) during the Bibox Initial Coin Offering (“ICO”); and (ii) of any of the following six digital tokens on the Bibox exchange between October 1, 2017 and April 3, 2020 (the “Class Period”): BIX, EOS, TRX, OMG, LEND and ELF. The lawsuit seeks to recover damages for investors under the federal securities laws.

To join the Bibox class action, go to http://www.rosenlegal.com/cases-register-1837.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [e-mail] or [e-mail] for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, Bibox Group Holdings Limited, Bibox Technology Ltd., Bibox Technology OÜ (collectively, “Bibox”), and certain officers and co-founders of Bibox violated federal and state securities laws by offering and selling digital tokens without registering under applicable federal and state securities laws as an exchange or broker-dealer, and without a registration statement in effect for the securities Bibox was offering and selling.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 8, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1837.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [e-mail] or [e-mail].

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.