CATrends: Hypoallergenic Marketing Claims
A rash of lawsuits allege companies are misleading consumers.
Binance
Case Name (Date)
Sizemore et al. v. Cristiano Ronaldo
23-cv-24481, S.D. Fla.
(Nov. 2023)
Product/Service
Digital assets on Binance
Allegations
Failing to disclose the form and amount of compensation Cristiano Ronaldo received for promoting Binance’s platform and securities, in violation of state and federal securities laws
Status
Stayed pending a ruling on motions to compel arbitration in a related action, Sizemore v. Zhao (Case No. 21261, S.D. Fla.)
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