Attorneys repping crypto outfit Ripple Labs have removed a consolidated Superior Court class action over the company’s failure to register its XRP offering as a security to federal court.
In a notice of removal filed Wednesday, Skadden, Arps, Slate, Meagher & Flom litigation partner Peter Morrison argues that consolidated litigation against Ripple was rendered eligible for removal by a San Mateo Superior Court judge’s merging of a suit brought by an Israeli resident into a larger California consolidated class action.
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