May 29, 2025

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Investor Alert: Nike NFTs from Bronstein, Gewirtz & Grossman

SOUN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that SoundHound AI, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — Attorney Advertising–Bronstein, Gewirtz & Grossman, LLC, a widely respected law firm, informs investors that a class action lawsuit has been initiated against Nike-themed non-fungible tokens (“The Nike NFTs”), crypto collectibles, or other crypto assets produced by RTFKT, Inc. (“RTFKT”).

Class Definition

This lawsuit aims to seek damages from Defendants for purported violations of federal securities laws on behalf of all individuals and entities that purchased or acquired The Nike NFTs securities during the applicable limitation periods. Such investors are encouraged to participate in this case by visiting the firm’s site: bgandg.com/nike.

Case Details

The Complaint claims that Nike leveraged its well-known brand and marketing capabilities to create hype, support, and promote the unregistered securities sold by its subsidiary, RTFKT. Consequently, due to Nike’s promotion of these unregistered securities and its alleged rug pull, investors—who may lack the technical and financial expertise to evaluate the risks tied to their investment in The Nike NFTs—were deprived of crucial information typically included in the registration materials for The Nike NFTs. As a result, they have experienced significant damages, the extent of which will be determined at trial.

What’s Next?

A class action lawsuit has been filed. If you are interested in reviewing a copy of the Complaint, please visit the firm’s site: bgandg.com/nike, or contact Peretz Bronstein, Esq., or Nathan Miller, Client Relations Manager, at Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you incurred a loss with The Nike NFTs, you may request the Court to appoint you as the lead plaintiff. Participation in any recovery does not require you to serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis, meaning we will seek reimbursement for out-of-pocket costs and attorneys’ fees, usually a percentage of the total recovery, only if we succeed.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally acclaimed firm specializing in representing investors in securities fraud class actions and shareholder derivative suits. Our firm has secured hundreds of millions of dollars for investors across the country.

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Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

Bronstein Gewirtz Grossman LLC

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