Kent man sentenced to 22 months in federal prison for drug trafficking conspiracy

NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Strategy Incorporated (“Strategy Incorporated” or the “Company”) (NASDAQ: MSTR) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Strategy Incorporated investors who were adversely affected by alleged securities fraud between April 30, 2024 and April 4, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/strategy-incorporated-lawsuit-submission-form?prid=153976&wire=3

MSTR investors may also contact Joseph E. Levi, Esq. via email atjlevi@levikorsinsky.comor by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the anticipated profitability of the Company’s bitcoin-focused investment strategy and treasury operations was overstated; (ii) the various risks associated with bitcoin’s volatility and the magnitude of losses Strategy could recognize on the value of its digital assets following its adoption of ASU 2023-08 were understated; and (iii) as a result, defendants’ public statements were materially false and misleading at all relevant times.

WHAT’S NEXT? If you suffered a loss in Strategy Incorporated during the relevant time frame, you have until July 15, 2025to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

  • Related Posts

    New York man convicted of bank robbery arrested in Maine on drug charges

    New York CNN — Monster and CareerBuilder, once two of the most popular websites for job seekers at the height of the dot-com washave filed for bankruptcy. The two sites,…

    Pensacola man sentenced for machine gun, drug trafficking after car chase

    NEW YORK and NEW ORLEANS, June 24, 2025 (GLOBE NEWSWIRE) — Kahn swick & fotiLLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors…

    Leave a Reply

    Your email address will not be published. Required fields are marked *