Class Action Settlement Set for Astrals and Galaxy Token Buyers
Understanding the Class Action Settlement for Tokeneers
The Moskowitz Law Firm, PLLC has exciting news for investors who purchased Astrals Non-Fungible Tokens (NFTs) and Galaxy Tokens. A preliminary approval has been granted for a proposed class action settlement designed to benefit these purchasers and legal title holders. This settlement comes as a step towards addressing the concerns of the community surrounding these digital assets.
Details of the Settlement Proposal
Settlement Class Information
The recent court decision, made on January 14, has set the stage for individuals and entities who bought Astrals NFTs between May 24, 2022, and January 14, 2025, to be part of this settlement. Additionally, those who purchased Galaxy Tokens before January 14, 2025, are also included in this class action. The overarching goal of this settlement is to ensure fairness and transparency for all affected buyers.
Claims Process Explained
For those interested in claiming their benefits from this settlement, it’s crucial to submit claims by April 17, 2025. Moreover, if there are any objections to the settlement, or if someone wishes to exclude themselves from it, these requests must be received by March 3, 2025. Instructions regarding these processes are outlined in the Class Notice available on the settlement website.
Final Approval Hearing and What to Expect
A Final Approval Hearing is scheduled for April 1, 2025, at 9:30 a.m. During this hearing, the court will confirm the details of the settlement and address any concerns raised by the class members. It’s a pivotal moment for everyone involved, as it represents a step forward in ensuring justice for purchasers of these tokens.
Contact Information for Queries
Who to Reach Out To?
If you have any questions or need clarification about the class action settlement, Adam M. Moskowitz is the designated representative of Class Counsel. He can provide answers and assist in navigating through the settlement process. For queries, you may reach out via the contact details provided in the Class Notice.
Frequently Asked Questions
What is the purpose of this class action settlement?
This class action settlement is designed to provide benefits to individuals who purchased Astrals NFTs and Galaxy Tokens, addressing concerns related to these transactions.
Who is eligible to participate in the settlement?
Eligible participants include those who purchased Astrals NFTs from May 24, 2022, to January 14, 2025, and anyone who acquired Galaxy Tokens before January 14, 2025.
How can I claim my settlement benefits?
Claims must be submitted by April 17, 2025. The detailed process can be found in the Class Notice available online.
What happens if I object to the settlement?
If you wish to object, your request must be submitted by March 3, 2025, per the outlined procedures.
When will the Final Approval Hearing take place?
The Final Approval Hearing is set for April 1, 2025, at 9:30 a.m., where the court will confirm the settlement's details.
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