Securities class action litigation against Company, CEO, and CFO
Company: Hut 8
The claim, verbatim
As a result of the alleged misconduct, the Company, its CEO, and CFO are subject to consolidated federal securities fraud class action lawsuit pending in United States District Court for the Southern District of New York, requiring Company to undertake internal investigations and implement adequate internal controls.
Source (primary)
Thompson v. Leverton — Entry #8: FILING ERROR - DUPLICATE DOCKET ENTRY - COMPLAINT against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal… (RECAP (purchased via PACER), court_filing)
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Quote: “which has subjected the Company, its Chief Executive Officer ('CEO') and its Chief Financial Officer ('CFO'), to a consolidated federal securities fraud class action lawsuit pending in the United States District Court for the Southern District of New York (the 'Securities Class Action') which has further subjected the Company to the need to undertake internal investigations, the need to implement adequate internal controls”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Thompson v. Leverton — Entry #8: FILING ERROR - DUPLICATE DOCKET ENTRY - COMPLAINT against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal…
Quote: “which has subjected the Company, its Chief Executive Officer ('CEO') and its Chief Financial Officer ('CFO'), to a consolidated federal securities fraud class action lawsuit pending in the United States District Court for the Southern District of New York (the 'Securities Class Action') which has further subjected the Company to the need to undertake internal investigations, the need to implement adequate internal controls”