Search for: "BitConnect International PLC"
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3 Jan 2023, 2:09 pm
BitConnect International PLC, 25 F.4th 1341 (11th Cir. 2022) that videos posted on YouTube and other social media websites may constitute solicitation under Section 12, even if the offering’s promoters did not directly target the individual purchasers. [read post]
8 Sep 2023, 7:36 am
BitConnect International PLC decision, the Eleventh Circuit held that someone could “solicit a purchase, within the meaning of the Securities Act, by promoting a security in a mass communication,” even without alleging that the communication was directed at a plaintiff-purchaser, thereby rejecting a distinction between broadly disseminated communications and individually targeted ones. [read post]
