A Delaware judge ruled that a shareholder lawsuit alleging insider trading by Coinbase directors including Marc Andreessen and Brian Armstrong can proceed despiteA Delaware judge ruled that a shareholder lawsuit alleging insider trading by Coinbase directors including Marc Andreessen and Brian Armstrong can proceed despite
Coinbase Insider Trading Lawsuit Advances Despite $2.9B Stock Sale Defense
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A Delaware judge ruled that a shareholder lawsuit alleging insider trading by Coinbase directors including Marc Andreessen and Brian Armstrong can proceed despite a 10-month internal investigation clearing the defendants, citing conflicts involving a special committee member that reviewed $2.9 billion in stock sales during the company's 2021 direct listing.
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