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Practice Area: Securities Fraud & Investor Protection
Case Status: Pending
Ticker Symbol: NASDAQ: GEMI
Investigation Deadline: May 18, 2026
National plaintiffs’ law firm Berger Montague PC announces a class action lawsuit against Gemini Space Station, Inc. (NASDAQ: GEMI) (“Gemini” or the “Company”) on behalf of investors who purchased or acquired Gemini shares during the period from September 9, 2025 through February 17, 2026 (the “Class Period”), including on or traceable to the Company’s September 2025 initial public offering (“IPO”).
Investor Deadline: Investors who purchased or acquired Gemini securities during the Class Period may, no later than May 18, 2026, seek to be appointed as a lead plaintiff representative of the class.
Gemini, headquartered in New York City, is a cryptocurrency platform founded by Tyler and Cameron Winklevoss that operates a digital asset exchange and related financial products.
The lawsuit alleges that Gemini misled investors regarding the strength and sustainability of its business and growth prospects following its IPO. According to the complaint, the Company overstated the viability of its core crypto platform and its ability to expand internationally, while failing to disclose that its business model was facing significant challenges and risk of a costly restructuring.
According to the suit, investors learned the true state of Gemini’s finances and prospects after the IPO, including on February 5, 2026, when the Company disclosed a corporate restructuring initiative dubbed “Gemini 2.0,” which entailed a major strategic pivot toward prediction markets, a 25% workforce reduction, and plans to exit key international markets.
On this news, Gemini’s Class A common stock fell $0.64 per share, or 8.72%, to close at $6.70 per share.
If you are an Gemini investor and would like to learn more about this action, please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.
About Berger Montague
Berger Montague is one of the nation’s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
For more information or to discuss your rights, please contact:
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com
Caitlin Adorni
Director of Portfolio and Institutional Client Monitoring Services
Berger Montague
(267) 764-4865
cadorni@bergermontague.com
Director of Portfolio and Institutional Client Monitoring Services
A class action has been filed against the company over losses suffered by investors and Berger Montague is currently speaking with investors about their options.
Your information will be reviewed by our legal team. If you appear eligible, we will contact you as soon as possible to discuss next steps and answer any questions you may have.
Yes. Any information you provide will be kept secure and used only for purposes related to this investigation.
No. An initial consultation is completely free of charge. If you qualify, you will not be asked to pay any upfront legal fees.
