Caitlyn Jenner’s Memecoin Legal Battle Continues as Judge Dismisses Class-Action Lawsuit
Los Angeles, California — A legal battle continues for a group of investors who purchased Caitlyn Jenner’s self-titled memecoin. Their attorney has announced plans to pursue their claims despite a judge dismissing their initial lawsuit due to inadequate arguments regarding securities law and fraud. The lawsuit was thrown out by California District Court Judge Stanley Blumenfeld Jr., who ruled in a motion filed on May 9 that the plaintiffs’ claims were insufficiently articulated. He indicated that all nine causes of action presented in the case lacked the necessary legal support, leading to the dismissal of … Read more