Rosen Law Firm probes FLOW crypto claims for Dec. 27-29 holders

The Rosen Law Firm is investigating potential securities claims against Flow Foundation over allegations it issued materially misleading business information to investors in FLOW (FLOW-USD) cryptocurrency, the firm said Aug. 1.

Investors who bought FLOW on or before Dec. 27, 2025, and held it through Dec. 29, 2025, may be entitled to compensation without out-of-pocket fees through a contingency fee arrangement, Phillip Kim, an attorney at the New York-based firm, said. The firm is preparing a class action seeking recovery of investor losses.

Rosen Law Firm ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has placed in the top four each year since 2013, recovering billions of dollars for investors. In 2019 alone it secured more than $438 million, and founding partner Laurence Rosen was named by Law360 as a Titan of the Plaintiffs' Bar in 2020.

The probe adds regulatory scrutiny to FLOW, the native token of the Flow blockchain built for NFTs and Web3 applications. The investigation follows a pattern of U.S. law firms pursuing securities claims against crypto issuers as regulators debate whether tokens such as FLOW constitute securities under federal law, a question the Securities and Exchange Commission has pressed in cases against other projects including Ripple's XRP and Coinbase's listed assets.

Flow Foundation, which oversees development of the Flow network, has not publicly responded to the allegations. The investigation does not constitute a finding of wrongdoing, and no class has been certified in the matter. Investors seeking to join the prospective class action can contact the firm at case@rosenlegal.com or by calling toll-free at 866-767-3653, with no upfront costs under the contingency arrangement.

The case highlights the growing legal exposure for crypto foundations that market tokens to retail investors. A successful class action could set a precedent for similar claims against other projects, while the investigation itself may weigh on FLOW's price as holders weigh potential liabilities and regulatory uncertainty. The outcome also carries implications for how crypto issuers disclose business information, a standard the SEC has sought to tighten across the industry.

This article is for informational purposes only and does not constitute investment advice.