Investor Alert: Nike NFTs from Bronstein, Gewirtz & Grossman

NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC, a well-known national 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 digital assets issued by RTFKT, Inc. (“RTFKT”).

Class Definition

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

Case Details

The Complaint asserts that Nike leveraged its renowned brand and marketing capabilities to generate hype, promote, and sustain the unregistered securities sold by its subsidiary, RTFKT. Consequently, due to Nike’s influence and subsequent rug pull, investors, who may lack the technical and financial know-how to assess the associated risks of investing in The Nike NFTs, were deprived of essential information that would have been included in the registration materials for The Nike NFTs, resulting in substantial damages to be determined at trial.

What’s Next?

A class action lawsuit has already been initiated. If you wish to access a copy of the Complaint, you can visit the firm’s website: bgandg.com/nike, or contact Peretz Bronstein, Esq., or Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you experienced a loss related to The Nike NFTs, you may request the Court to appoint you as lead plaintiff. However, your eligibility to participate in any recovery does not depend on serving as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. This means we will request the court to reimburse us for our out-of-pocket expenses and attorneys’ fees, typically a percentage of the total recovery, only if we succeed.

Why Choose Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a prominent firm that advocates for investors in securities fraud class actions and shareholder derivative suits. Our firm has successfully recovered hundreds of millions of dollars for investors across the nation.

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Contact

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

Bronstein Gewirtz Grossman LLC