Hut 8 Corp.

Passed

Class Action Period:
November 09, 2023 - January 18, 2024

Lead Plaintiff Deadline:
April 08, 2024

Case Form

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Allegations

The filed complaint alleges that Hut 8 Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) one of the largest shareholders in U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (“USBTC”), one of the companies that merged to create Hub 8, is an undisclosed related party; (2) one of USBTC’s core assets has historically failed to provide energy and high-speed internet; (3) the profitability of certain USBTC assets were overstated; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Hut 8 purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Hut 8 during the relevant time frame, you have until April 08, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.