This Week in Chancery Court: Coinbase, Bumble Insider Sales

Insiders of cryptocurrency exchange Coinbase Global Inc. and dating app Bumble Inc.—including billionaire venture capitalist Marc Andreessen and Blackstone Inc., respectively—will argue this week for an end to separate lawsuits claiming they manipulated stock offerings. Here are some highlights from the court’s calendar for the upcoming week:

Monday: Grabski v. Andreessen, Del. Ch., No. 2023-0464, oral argument 10/16/23.

At issue: A Coinbase investor says Andreessen, CEO Brian Armstrong, and other insiders dodged more than $1 billion in losses by dumping stock within days of its April 2021 public listing, when they allegedly knew bad ...