RIOT BLOCKCHAIN, INC. INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Riot Blockchain, Inc.

NEW YORK, March 08, 2018 -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Riot Blockchain, Inc. (NASDAQ:RIOT) (“Riot”) on behalf of all shareholders who acquired shares from November 13, 2017 through February 15, 2018, both dates inclusive (“Class Period).

Investors who have incurred losses in Riot Blockchain, Inc. are urged to contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.

If you have incurred losses in the shares of Riot Blockchain, Inc. and would like to assist with the litigation process as a lead plaintiff, you may, no later than April 18, 2018, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in Riot Blockchain, Inc.  

According to the filed lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

• Riot’s principle executive offices were not in Colorado, but rather in Florida in the same location as a large, influential shareholder, Barry C. Honig who had a previous working relationship with Defendant O’Rouke;
   
• Riot never intended to hold its Annual General Meetings scheduled for December 28, 2017 and February 1, 2018; and
   
• as a result, Defendants’ statements about Riot’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Shares of Riot Blockchain, Inc. presently trade close to 80% below the class period high of $46.20 reached on December 19, 2017.

Wolf Haldenstein Adler Freeman & Herz LLP  has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.  The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego.  The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at [email protected], or visit our website at www.whafh.com.

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Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: [email protected], [email protected] or [email protected]
Tel: (800) 575-0735 or (212) 545-4774

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