Audet, et al. v. Garza, et al., Case No. 3:16-cv-00940 (MPS)

Welcome to the website for Audet, et al. v. Garza, et al., pending in the United States District Court for the District of Connecticut.

The purpose of this website is to inform you that there is a class action lawsuit that is now pending in the United States District Court for the District of Connecticut (the “Court”) under the above caption (the “Action”) alleging that GAW Miners, LLC and ZenMiner, LLC committed violations of Section 10(b) of the Securities Exchange Act of 1934 and Securities and Exchange Commission Rule 10b-5 promulgated thereunder; violations of Sections 36b-29(a)(1) and (2) of the Connecticut Uniform Securities Act; and common law fraud. The Action separately alleges that Stuart A. Fraser committed violations of Section 20(a) of the Securities Exchange Act of 1934 and Sections 36b-29(a)(2) and 36b-29(c) of the Connecticut Uniform Securities Act.

Although the information on this website is intended to assist you, it does not replace the information contained in the Notice, which can be found and downloaded on the Documents page of this website.

By Order dated July 8, 2019, the Court certified the Class in this Action as:

All persons or entities who, between August 1, 2014, and January 19, 2015, (1) purchased Hashlets, Hashpoints, HashStakers, or Paycoin from GAW Miners, LLC and/or ZenMiner, LLC; or (2) acquired Hashlets, Hashpoints, HashStakers, or Paycoin from GAW Miners, LLC and/or ZenMiner, LLC, by converting, upgrading, or exchanging other products sold by GAW Miners, LLC and/or ZenMiner, LLC.

Please see the Frequently Asked Questions page of this website for more information on your rights as a Class Member in this Action.


Your Legal Rights and Options in This Action
Stay in the Class (Do Nothing now) If you stay in the Class, and money or benefits are obtained for the Class, you will be notified about how you can share in any benefits for which you may be eligible. If you stay in the Class, however, you will be bound by all orders and judgments of the Court, whether favorable to you or not, and you won’t be able to sue the Defendants for the claims at issue in this case. If you want to stay in the Class, you do not have to do anything now, but you may be required to show proof of your transactions at a later time. If you stay in the Class, you may (but do not have to) enter an appearance in the Court through your own counsel.
Retain Separate Counsel If you elect to remain in the Class and retain separate counsel, you will be responsible for that counsel’s fees and expenses and such counsel must enter an appearance on your behalf by filing a Notice of Appearance with the Court and mailing it to Class Counsel on or before October 28, 2019.
Ask to be Excluded You cannot get any money or benefits from this lawsuit, but you will also not be bound by any Orders or judgments in this case that may be unfavorable to you. If you wish to exclude yourself, you must email or mail your exclusion request, postmarked no later than October 28, 2019, to the Notice Administrator.

IF YOU WISH TO REMAIN IN THE CLASS, PLEASE KEEP YOUR CONTACT INFORMATION CURRENT:

To assist the Court and the Parties in maintaining an accurate list of Class Members, please update your name and contact information. To update this information, please email the Notice Administrator at info@GAWMinersClassAction.com. If you prefer that future communications be sent to you at a different email address, you should immediately contact the Notice Administrator and provide them with your preferred email address. If the Notice Administrator does not have your best and current email address, you may not receive notice of important developments in this Action, or information about any settlements obtained for the benefit of the Class.