Rakower Law PLLC, as lead counsel, has commenced five new lawsuits against Getty Images Holdings, Inc. (“Getty Images”) (NYSE: GETY) on behalf of several holders of Getty Images’ public warrants. These actions allege that Getty Images wrongly prevented plaintiffs from exercising their warrants as of August 22, 2022 based upon the false claim that the warrants could not be exercised until an SEC Form S-2 resale registration statement became effective.
All five cases follow on the heels of CRCM Institutional Master Fund (BVI) Ltd., et ano v. Getty Images Holdings, Inc., No. 1:23-cv-01074-JSR (S.D.N.Y.), a case Rakower Law, as lead counsel, commenced on February 8, 2023. The court in that case granted summary judgment in favor of plaintiffs, awarding more than $51 million in damages.
Click HERE to view a copy of the Court’s decision in CRCM Institutional Master Fund (BVI) Ltd., et al. v. Getty Images Holdings, Inc., No. 1:23-cv-01074-JSR. Click HERE to read our press release concerning the new lawsuits.
Holders of Getty Images public warrants who were unable to exercise those warrants on or after August 22, 2022, are encouraged to contact Rakower Law.