Baton Corporation, the parent company of Pump Fun, has strengthened its legal defense by hiring renowned attorneys from Brown Rudnick. Former SEC prosecutor Daniel L. Sachs, crypto litigation expert Kyle P. Dorso, and digital commerce veteran Stephen D. Palley are all part of the legal team.
Sachs previously worked at the U.S. Securities and Exchange Commission, where he led high-profile securities fraud investigations. He also defended basketball legend Shaquille O’Neal in an NFT-related class action lawsuit filed over securities concerns. His experience in digital assets makes him a key figure in Baton’s growing legal response to the case.
Kyle P. Dorso specializes in commercial disputes and crypto law and recently played a major role in defending Atomic Wallet. Dorso helped the company beat a case that tried to hold it responsible for a massive $100 million cyberattack involving crypto theft.
Class action targets pump fun market manipulation
However, Stephen D. Palley brings years of courtroom experience in digital asset litigation and has supported firms like Hector DAO and other blockchain developers. His work includes legal issues involving crypto exchanges, NFTs, wallet providers, and staking protocols.
The lawsuit, filed by Burwick Law, accuses Pump Fun of earning millions by offering unregistered and highly unstable securities. It also alleges a lack of security controls that could expose the platform to illegal use by criminal networks across borders.
Burwick Law served founders Alon Cohen, Dylan Kerler, and Noah Bernhard Hugo Tweedale before Baton had legal representation. The trio only hired Brown Rudnick one day before the court’s response deadline, requiring an extension to prepare.
Nonetheless, Max Burwick and Wolf Popper represent plaintiff Kendall Carnahan in a class action, alleging Pump Fun manipulates markets. Burwick Law argues the firm’s memecoin products resemble pump-and-dump scams that disadvantage regular investors seeking fair returns in crypto markets.
