​BAYC investors have less than a week to join class action aga | Crypto Shake

​BAYC investors have less than a week to join class action against Yuga Labs.

The new class-action lawsuit aims to help BAYC and APE buyers get compensation from Yuga Labs due to the firm allegedly misleading investors.

Troubled cryptocurrency fintech Yuga Labs is about to face more lawsuits in relation to its nonfungible tokens (NFT) collection, Bored Ape Yacht Club (BAYC), and other projects.

Rosen Law Firm, a global law firm focused on investor rights’ protection, announced on Jan. 30 that it’s planning to file a class action lawsuit against Yuga Labs.

Rosen invited purchasers of Yuga securities — including BAYC NFTs and the native token ApeCoin — to join the class action against Yuga by the lead plaintiff deadline set for Feb. 7.

The law firm emphasized that Yuga securities’ investors who bought BAYC and APE between April 23, 2021, and Dec. 8, 2022, may be entitled to compensation without payment of any additional costs through a contingency fee arrangement.