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GEMI DEADLINE ALERT: Lawsuit Alleges IPO Documents Concealed Impending "Corporate Pivot" and Executive Turmoil - Gemini Space Station Investors Face Losses– Hagens Berman
GlobeNewswire Inc.·
Hagens Berman has filed a securities class action lawsuit against Gemini Space Station, Inc. (NASDAQ: GEMI) and its founders, alleging the company misled investors in its IPO by concealing plans for a corporate pivot to prediction markets and executive departures. The stock has plummeted 75% from its $28 IPO price to below $7, following the announcement of a $602 million net loss and the simultaneous departure of three top executives in February 2026.
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