Pomerantz LLP has filed a class action lawsuit against BitGo Holdings, Inc. and certain officers on behalf of investors who purchased BitGo securities. The suit, filed in the U.S. District Court for the Eastern District of New York, covers purchasers of Class A common stock tied to the company's January 22, 2026 initial public offering and those who acquired BitGo securities between January 22, 2025 and May 13, 2026. The complaint alleges that offering documents and public statements contained false or misleading information, including understating risks from declining digital asset prices, and seeks damages under federal securities laws. Investors have until August 7, 2026 to seek lead plaintiff appointment. BitGo's stock fell 15.71% on March 27, 2026 after reporting a net loss for 2025, and dropped another 17.2% on May 14, 2026 following a wider first-quarter loss.
BitGo Holdings, Inc.Class action lawsuit alleges misleading statements and understated risks, seeking damages under federal securities laws.