Bronstein, Gewirtz & Grossman, LLC is pleased to share a significant development in the securities class action against Hut 8 Corp. BG&G serves as counsel to lead plaintiff in the litigation.
The parties have reached a proposed $2.35 million settlement to resolve the securities class action pending in the U.S. District Court for the Southern District of New York.
The litigation concerns alleged violations of the federal securities laws arising from statements and disclosures concerning Hut 8 and its merger with U.S. Bitcoin Corp., including disclosures relating to the King Mountain mining facility. Defendants deny wrongdoing and liability.
The deadline to submit a claim is December 5, 2026.
Investors who may be eligible to participate in the settlement can obtain additional information and submit a claim through the court-appointed Claims Administrator, Strategic Claims Services: strategicclaims.net/hut-8
BG&G is proud of its role in this important litigation and to work alongside counsel in protecting the interests of investors.
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