U.S. law firm Bernstein Liebhard has filed a class-action lawsuit against Gemini, alleging misrepresentation of information during its IPO.

CoinFeed reported on April 16th that, according to Globenewswire, the US law firm Bernstein Liebhard announced it has filed a securities fraud class-action lawsuit on behalf of investors against Nasdaq-listed cryptocurrency exchange Gemini Space Station. The lawsuit alleges that Gemini made false statements about its business operations and prospects in its prospectus and related disclosures, particularly exaggerating the viability of its core crypto platform business. Investors wishing to serve as lead plaintiffs must submit their applications by May 18, 2026. Bernstein Liebhard is a well-known investor relations law firm that has previously filed class-action lawsuits against companies such as Ruhnn (the first publicly traded influencer e-commerce company), Apple, and AsiaInfo Technologies.