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News Explorer — Ripple CEO Brad Garlinghouse, Will Face Trial for Allegedly Misleading Statements

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Jun 21, 12:24 pm
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Ripple CEO Brad Garlinghouse, Will Face Trial for Allegedly Misleading Statements

Ripple Labs is facing another legal battle as a civil securities lawsuit against its CEO, Brad Garlinghouse, has been approved by a California federal court judge. The lawsuit alleges that Garlinghouse made misleading statements in a 2017 interview and will proceed to trial with a jury. This lawsuit is separate from the ongoing legal battle between Ripple and the SEC, which claims that XRP is a security.

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