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INVESTIGATION ALERT: Berger Montague PC Investigates Coinbase Global, Inc.'s Board Of Directors For Breach of Fiduciary Duties (NASDAQ: COIN)
COINCoinbase(COIN) GlobeNewswire News Room·2025-06-03 19:10

Core Viewpoint - An investigation is underway regarding Coinbase's Board of Directors for potential breaches of fiduciary duties related to a data breach and cyberattack disclosed on May 15, 2025 [1][2]. Group 1: Investigation Details - The investigation by Berger Montague focuses on whether Coinbase's Board of Directors failed in their fiduciary duties concerning the oversight of the Company's data security [2]. - On May 15, 2025, Coinbase reported that cybercriminals targeted its customer support agents overseas, leading to the theft of customer data and an extortion attempt for the return of this personal information [2]. Group 2: Company Background - Berger Montague has been involved in shareholder litigation since its establishment in 1970 and has represented both individual and institutional investors for over five decades [3]. - The firm operates in multiple locations including Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco, and Chicago [3].