Judge Dismisses Investors’ Fraud Claims, Allows Final Amendment

( August 7, 2026, 9:26 AM EDT) -- CHICAGO — A federal judge in Illinois granted a motion to dismiss fraud claims and claims sounding in fraud filed against an individual defendant and corporate defendant in a case brought by investors alleging that several individuals and two corporate defendants misrepresented the nature and profitability of investment securities involving cryptocurrency and other investments, finding that the investors failed to specify each defendant’s participation in the alleged fraud....