Balancer Announcement: If You Have Suffered Losses in Balancer Cryptocurrency, You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Globenewswire·2025-12-06 22:59

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of investors in Balancer cryptocurrency due to allegations of misleading business information [1] Group 1: Investigation and Legal Action - Investors who purchased Balancer cryptocurrency may be entitled to compensation through a class action without any out-of-pocket fees [2] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Balancer [2] Group 2: Incident Overview - On November 3, 2025, Bloomberg reported that Balancer suffered a major exploit resulting in over $100 million being drained from its digital assets, with total losses climbing to approximately $128 million [3] - Security firms PeckShield and Cyvers identified the incident and noted that funds linked to the attacker's wallet were still being siphoned [3] Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [3] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [3]