Settlement in principle in securities litigation
Company: Hut 8
The claim, verbatim
Parties have reached a settlement in principle in the securities litigation matter
Source (primary)
IN RE HUT 8 CORP. SECURITIES LITIGATION — Entry #71: LETTER MOTION to Stay - Joint Letter Notice of Settlement addressed to Judge Victor Marrero from Murielle J (RECAP, court_filing)
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Quote: “the parties have reached a settlement in principle of this matter”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The joint letter from the lead plaintiff and Hut 8 defendants states that the parties have reached a settlement in principle in the Hut 8 securities litigation, which is exactly what the claim asserts.
Confirmed in the source:
- The parties in In re Hut 8 Securities Litigation (Case No. 1:24-cv-904-VM, S.D.N.Y.) notified the court in a joint letter dated May 28, 2026 that they have reached a settlement in principle
- The matter is a securities litigation
What we did: Read our cached copy of RECAP (https://storage.courtlistener.com/recap/gov.uscourts.nysd.615242/gov.uscourts.nysd.615242.71.0.pdf) in full (1,157 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IN RE HUT 8 CORP. SECURITIES LITIGATION — Entry #71: LETTER MOTION to Stay - Joint Letter Notice of Settlement addressed to Judge Victor Marrero from Murielle J
Quote: “the parties have reached a settlement in principle of this matter”