Investors involved in a 2022 lawsuit are moving closer to legal action against celebrities who endorsed the EthereumMax (EMAX) token, following a recent ruling by a California judge. On Wednesday, Judge Michael Fitzgerald permitted class-action lawsuits from four states to proceed but rejected a nationwide class against EMAX promoters. This ruling allows cases for investors who bought EMAX between May and June 2021 to continue in New York, California, Florida, and New Jersey. The judge noted that the proposed state classes met federal procedural requirements, but concerns about applying California and Florida laws nationwide were too significant. This decision enables state-level actions against celebrities like Kim Kardashian, Floyd Mayweather, and Paul Pierce, who promoted EMAX, as well as its creators. Kardashian's Instagram promotion reached an audience of 200 million in 2021. Although Fitzgerald had previously dismissed the lawsuit in December 2022, he allowed investors to refile, which they did about seven months later. Read more AI-generated news on: https://app.chaingpt.org/news