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Monday, May 4, 2026

Zigler Law Group Files Securities Class Action Against ... - Business Wire

CHICAGO--(BUSINESS WIRE)--Zigler Law Group, LLC, a national class action firm announced today that it has filed a class action lawsuit against Letsgobrandon.com Foundation and LGBCoin, Ltd, James Koutoulas, Patrick Horsman, and the National Association for Stock Car Auto Racing.

The action, which was filed in the U.S. District Court for the Middle District of Florida and captioned De Ford et. al. v. Koutoulas et al., Case No. 6:22-cv-652, asserts claims under § 12(a)(1) of the Securities Act of 1933 (the "Securities Act") and under §517.07 of the Florida Securities and Investment Protection Act for the sale of unregistered securities, as well as other Florida State law claims (including conspiracy, unjust enrichment, negligent misrepresentation, and promissory estoppel), on behalf of investors who purchased the LGBCoin unregistered securities, which were sold as LGBCoins on various cryptocurrency exchanges from November 2, 2021 through March 15, 2022 inclusive (the "Class Period"), and who were damaged thereby.

The complaint alleges that Letsgobrandon.com Foundation, LGBCoin, Ltd, Koutoulas, and Horsman sought to capitalize on the publicity surrounding the "Let's Go Brandon" chant and conspired to violate provisions of the Securities Act and its Florida State law analog by selling the unregistered LGBCoins. Further the complaint alleges that Koutoulas and Horsman (and their agents) solicited sales of LGBCoins by making false and misleading statements concerning NASCAR's...



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