An amended complaint was filed on Thursday in the federal class action lawsuit against Shaquille O’Neal over his NFT project Astrals, and the basketball icon faces allegations of violating securities laws in connection to offering Solana-based assets and an associated token.

The 111-page filing comes after a district judge in Florida appointed the case’s lead plaintiffs last month, who are represented by counsel at The Moskowitz Law Firm. Managing Partner Adam Moskowitz told Decrypt the filing represents a pivotal step forward.

“People applied and Judge [Federico] Moreno selected our clients to be the lead plaintiff,” he said. “That’s a big, big development, because now it means that they basically run the show for all of the investors, and they’ve selected us to be class counsel.”

Moskowitz’s firm is helping lead the charge on several other crypto-related class action lawsuits, including cases that involve collapsed firms Voyager and FTX. When O’Neal was served a complaint for the Astra

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Author: André Beganski

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