NEW YORK, March 28, 2018 -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Riot Blockchain, Inc. (NASDAQ:RIOT) who purchased shares between October 4, 2017 and February 15, 2018. The action, which was filed in the United States District Court for the District of Colorado, alleges that the Company violated federal securities laws.
In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (1) despite statements to the contrary, Riot Blockchain's principle executive offices were not in Colorado, but rather in Florida in the same location as shareholder Barry C. Honig, who had a previous working relationship with CEO and Chairman John O’Rourke; (2) Riot Blockchain never intended to hold its Annual General Meetings scheduled for December 28, 2017 and February 1, 2018; and (3) 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.
Shareholders have until April 18, 2018 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-c/riot-blockchain-inc?wire=3.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com


Trump Says ExxonMobil Among Oil Majors Planning Venezuela Return
Aon Nears $17 Billion Deal to Buy USI Insurance From KKR
SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips
Shein Shares Slide 9% in Hong Kong IPO Debut
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns
GM Plans C$1.1 Billion Canada Investment Amid U.S. Tariff Pressure
Google Changes EU Spam Policy Amid Antitrust Scrutiny
Itochu Offers $1.56 Billion to Privatize Dentsu Soken
Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns
Shein Hong Kong IPO to Raise $1.7 Billion at $26.5 Billion Valuation
Jefferies Names AMEC Top China Semiconductor Equipment Pick
Toyota Global Sales Fall as China Demand Slumps
Trump Secures Drug Pricing Deals With Nine Pharma Companies
PayPal Shares Sink as $50 Billion Takeover Bid Collapses
MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment 



