{"id":973417,"date":"2026-06-17T23:25:07","date_gmt":"2026-06-18T03:25:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sdev-abbott-cooper-pllc-announces-investigation-on-behalf-of-stablecoin-development-corporation-formerly-novabay-pharmaceuticals-inc-stockholders\/"},"modified":"2026-06-17T23:25:07","modified_gmt":"2026-06-18T03:25:07","slug":"sdev-abbott-cooper-pllc-announces-investigation-on-behalf-of-stablecoin-development-corporation-formerly-novabay-pharmaceuticals-inc-stockholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sdev-abbott-cooper-pllc-announces-investigation-on-behalf-of-stablecoin-development-corporation-formerly-novabay-pharmaceuticals-inc-stockholders\/","title":{"rendered":"SDEV: Abbott Cooper PLLC Announces Investigation on Behalf of Stablecoin Development Corporation (Formerly NovaBay Pharmaceuticals, Inc.) Stockholders"},"content":{"rendered":"<div class=\"mw_release\">\n<p>STAMFORD, Conn., June  17, 2026  (GLOBE NEWSWIRE) &#8212; Abbott Cooper PLLC is investigating potential legal claims on behalf of stockholders of Stablecoin Development Corporation (Nasdaq: SDEV) (formerly NovaBay Pharmaceuticals, Inc.) who held their shares prior to August 19, 2025.<\/p>\n<p>This investigation is to determine whether the Stablecoin Development Corporation Board violated its fiduciary duties in connection with a private placement of preferred stock.<\/p>\n<p>Stockholders who have held Stablecoin Development Corporation shares since before August 19, 2025, and are interested in learning more about the investigation or their legal rights are encouraged to contact Abbott Cooper PLLC at no cost or obligation.<\/p>\n<p>Abbott Cooper PLLC handles cases on a contingency fee basis, meaning there is no cost to stockholders unless a recovery is obtained.<\/p>\n<p>IF YOU ARE A STABLECOIN DEVELOPMENT CORPORATION STOCKHOLDER AND WOULD LIKE TO DISCUSS YOUR LEGAL RIGHTS, PLEASE CONTACT:<\/p>\n<p>J. Abbott R. Cooper<br \/>Abbott Cooper PLLC<br \/>1266 East Main Street<br \/>Suite 700R<br \/>Stamford, CT 06902<br \/>(475) 477-5031<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oWisv3i-fZc7l178uMYrCFeO-D778wxBiTsHkl1NVwuoI9BvUT3W6UFI2sn8pxZ9XNPxKjNCrWdCz5o1U-d_eXOIECijjF7evRWxEbBcHz4=\" rel=\"nofollow\" target=\"_blank\">info@abbottlawyer.com<\/a><br \/>https:\/\/abbottlawyer.com\/<\/p>\n<p>Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc0ODcyNiM3NjY2NzcwIzIyNjM0MTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjcxNzViNTAtOWVmZi00NDM3LWEwYzktMzA3NjBhOWQ5NjQ3LTEyNzQ5NjEtMjAyNi0wNi0xOC1lbg==\/tiny\/Abbott-Cooper-PLLC.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>STAMFORD, Conn., June 17, 2026 (GLOBE NEWSWIRE) &#8212; Abbott Cooper PLLC is investigating potential legal claims on behalf of stockholders of Stablecoin Development Corporation (Nasdaq: SDEV) (formerly NovaBay Pharmaceuticals, Inc.) who held their shares prior to August 19, 2025. This investigation is to determine whether the Stablecoin Development Corporation Board violated its fiduciary duties in connection with a private placement of preferred stock. Stockholders who have held Stablecoin Development Corporation shares since before August 19, 2025, and are interested in learning more about the investigation or their legal rights are encouraged to contact Abbott Cooper PLLC at no cost or obligation. Abbott Cooper PLLC handles cases on a contingency fee basis, meaning there is no cost to stockholders unless a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sdev-abbott-cooper-pllc-announces-investigation-on-behalf-of-stablecoin-development-corporation-formerly-novabay-pharmaceuticals-inc-stockholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SDEV: Abbott Cooper PLLC Announces Investigation on Behalf of Stablecoin Development Corporation (Formerly NovaBay Pharmaceuticals, Inc.) Stockholders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-973417","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SDEV: Abbott Cooper PLLC Announces Investigation on Behalf of Stablecoin Development Corporation (Formerly NovaBay Pharmaceuticals, Inc.) Stockholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sdev-abbott-cooper-pllc-announces-investigation-on-behalf-of-stablecoin-development-corporation-formerly-novabay-pharmaceuticals-inc-stockholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SDEV: Abbott Cooper PLLC Announces Investigation on Behalf of Stablecoin Development Corporation (Formerly NovaBay Pharmaceuticals, Inc.) Stockholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"STAMFORD, Conn., June 17, 2026 (GLOBE NEWSWIRE) &#8212; Abbott Cooper PLLC is investigating potential legal claims on behalf of stockholders of Stablecoin Development Corporation (Nasdaq: SDEV) (formerly NovaBay Pharmaceuticals, Inc.) who held their shares prior to August 19, 2025. This investigation is to determine whether the Stablecoin Development Corporation Board violated its fiduciary duties in connection with a private placement of preferred stock. Stockholders who have held Stablecoin Development Corporation shares since before August 19, 2025, and are interested in learning more about the investigation or their legal rights are encouraged to contact Abbott Cooper PLLC at no cost or obligation. Abbott Cooper PLLC handles cases on a contingency fee basis, meaning there is no cost to stockholders unless a &hellip; Continue reading &quot;SDEV: Abbott Cooper PLLC Announces Investigation on Behalf of Stablecoin Development Corporation (Formerly NovaBay Pharmaceuticals, Inc.) 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