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Caitlyn Jenner memecoin buyers to regroup after judge tosses suit

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 12 Views

A lawyer for a group suing Caitlyn Jenner over her memecoin says it will “amend and press forward with the case” after a judge tossed their lawsuit out.

The lawyer for a group of Caitlyn Jenner memecoin buyers said they will continue their legal fight against the ex-Olympian after a judge threw out the case for failing to adequately support the securities and fraud claims it brought.

Jenner had escaped a class-action lawsuit from buyers of her self-titled memecoin, Caitlyn Jenner (JENNER) after California District Court Judge Stanley Blumenfeld Jr. said in a motion filed on May 9 that it was “sufficient to conclude that all nine causes of action are deficient” and sided with Jenner in dismissing the suit in its entirety for failure to state a claim.

He allowed the class group to amend its suit, which must be filed by May 23, but warned it had “to be more focused and judiciously pleaded” than the original.

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