Rosen Law Firm Investigates Potential Securities Claims Against Balancer

On February 9, Rosen Law Firm, a U.S. investor rights law firm, announced an investigation into potential securities claims involving Balancer (BAL) token investors. According to BlockBeats, the investigation stems from allegations that Balancer may have released misleading business information to the public. The inquiry follows a Bloomberg report from November 3, which highlighted a security breach in the DeFi protocol Balancer, resulting in the theft of over $100 million in digital assets. Security firms PeckShield and Cyvers have monitored the incident, estimating the total loss at approximately $128 million. Rosen Law Firm is currently preparing to initiate a class action lawsuit to recover losses for investors.