Pump Fun Parent Hires Brown Rudnick in Legal Showdown
Baton Corp enlists Brown Rudnick’s top lawyers — Sachs, Dorso & Palley — to fight Burwick Law’s unregistered securities suit against Pump Fun.
News
- Baton Corp hired Brown Rudnick lawyers Sachs, Dorso & Palley
- Burwick Law alleges Pump Fun sold unregistered, volatile securities
- Legal team includes former SEC investigator Sachs
Who’s Fighting and Why
Baton Corporation, the parent of crypto memecoin platform Pump Fun, has retained Brown Rudnick’s high-profile legal team to defend against a class-action suit filed by Burwick Law .
The lawsuit accuses Pump Fun of raising millions of dollars by selling volatile, unregistered securities, and suggests the platform may have facilitated terrorist financing, drug trafficking and other cross-border crimes .
Meet the Defense Team
- Daniel L. Sachs: Former SEC investigator specializing in white‑collar defense; represented Shaquille O’Neal in an NFT securities case and Mark Cuban’s Mavericks in their Voyager promotion dispute .
- Kyle P. Dorso: Commercial litigator with deep experience in crypto; helped Atomic Wallet win dismissal in a $100M hack lawsuit .
- Stephen D. Palley: Chair of Brown Rudnick’s Digital Commerce Group; veteran crypto litigation attorney with clients across wallets, NFT investors, DAOs, and exchanges .
This powerhouse lineup signals Baton’s intent to mount a vigorous defense .
Case Status & Next Steps
Legal filings show the team was officially retained on April 7, 2025, right before initial response deadlines, suggesting a scramble to build legal cover . No trial date has been set yet, and the case remains in the early litigation phase .
Why It Matters
- A bench of well‑known crypto litigators could make Baton a formidable opponent.
- The suit highlights wider regulatory scrutiny on crypto platforms for selling unregistered securities.
- It also reflects increasing legal wrap around memecoin platforms, signaling a tense future for these ventures.
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