Important Notice for Game of Silks NFT Purchasers
Rosen Law Firm, an internationally recognized legal practice focused on investor rights, is issuing a reminder to individuals who purchased non-fungible tokens (NFTs) from Game of Silks, which include Silks Avatar NFTs, Silks Horse NFTs, and Silks Land NFTs. These purchasers should be aware of the crucial deadline of April 25, 2025, for filing as lead plaintiffs in a class action lawsuit.
Potential Compensation Available
For those who acquired Game of Silks NFTs, there may be an opportunity for compensation without any upfront costs, thanks to a contingency fee structure. This arrangement allows affected individuals to seek recovery without incurring personal expenses during the legal process.
Steps to Participate in the Class Action
Individuals interested in joining the class action regarding Game of Silks should reach out for more information. They can either visit the designated website or contact Phillip Kim, Esq., directly via phone or email. A class action has already been initiated, and anyone wishing to act as a lead plaintiff must submit their request to the court by the April 25, 2025, deadline. A lead plaintiff serves as a representative for others in the class, guiding the legal proceedings.
Why Choose Rosen Law Firm
Investors are encouraged to select legal representation based on a proven history of success in high-stakes cases. Many firms that issue announcements may lack the necessary experience and resources. Often, these firms serve merely as intermediaries, passing clients to other legal teams that handle the actual litigation. It is important to choose counsel wisely. Rosen Law Firm has a global presence, specializing in securities class actions and derivative litigation on behalf of shareholders. The firm achieved a landmark settlement in a case against a Chinese company, and has consistently ranked among the top firms for securities class action settlements. Notably, in 2019, they recovered over $438 million for investors.
Case Background
The lawsuit claims that Game of Silks developed a metaverse platform that integrated real-world horse racing into the blockchain environment, enabling users to invest in digital representations of actual racehorses and profit from their real-life performance. The complaint asserts that the Game of Silks NFTs, which launched in April 2022, qualify as securities under the Securities Act of 1933. Consequently, these NFTs should have been registered, but no such filings were made with the U.S. Securities and Exchange Commission (SEC). The lawsuit further alleges that Game of Silks breached the Securities Act by selling unregistered NFT securities and that the defendants failed to disclose essential financial information regarding the business’s viability and operational model.
Class Action Participation Details
To become involved in the Game of Silks class action, potential claimants can visit the provided website or contact Phillip Kim, Esq. for further assistance. It is important to note that no class has been certified yet. Until that occurs, individuals will not have legal representation unless they choose to retain their own counsel. Investors can also choose to remain passive members of the class without taking any action at this time. An individual’s chance to receive any future compensation does not hinge on their role as a lead plaintiff.
Stay Informed
For ongoing updates, individuals are encouraged to follow Rosen Law Firm on their social media platforms. Please note that this communication falls under attorney advertising, and past results do not guarantee similar outcomes in future cases.
Contact Information
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
Email: [email protected]
Website: www.rosenlegal.com
