Tuesday, June 24, 2025 1:31:56 PM
https://g.co/gemini/share/0e74b648329a
Gemini
Created with 2.5 Flash June 16, 2025 at 02:53 PM Published June 16, 2025 at 02:53 PM
Is George Sharp being sued for his role in TSNP? What specifically is he being sued for?
Yes, George Sharp is being sued for his role in TSNP (which was later renamed HUMBL, Inc.).
Specifically, he is a defendant in a federal securities class action lawsuit. The allegations against HUMBL (including George Sharp as a Capital Markets Advisor and former advisor) include:
• Making materially false and misleading statements regarding the company's business and operations.
• Failing to disclose crucial information, such as the HUMBL Pay App lacking basic promised functionality and that several hyped international business partnerships had a very low chance of contributing material revenues.
• These actions allegedly led to artificially inflated stock prices, causing significant losses for investors when the truth was revealed.
The class action covers persons and entities who purchased or acquired HUMBL common stock and/or unregistered HUMBL ETX securities between November 21, 2020, and the filing of the action.
https://www.wpri.com/business/press-releases/globenewswire/8547172/investor-alert-scottscott-attorneys-at-law-llp-files-securities-class-action-against-humbl-llc-humbl-its-executive-officers-and-insiders/
NEW YORK, May 20, 2022 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, announces that it has filed a class action lawsuit against Defendants HUMBL LLC (OTC:HMBL) (“HUMBL” or the “Company”), its Chief Executive Officer, Brian Foote, its Chief Financial Officer, Jeffrey Hinshaw, and its Capital Markets Advisor, George Sharp (together with HUMBL, the “Defendants”).
