Stronghold IPO securities class action settlement finally approved
Company: TeraWulf
The claim, verbatim
The court approved the class action settlement between the plaintiff class and Stronghold Digital Mining, its executives, and the IPO underwriters as fair, reasonable, and adequate, and ordered it consummated under the Stipulation dated November 6, 2024.
Source (primary)
Winter v. Stronghold Digital Mining, Inc. — Entry #135: FINAL JUDGMENT: NOW, THEREFORE, after due deliberation, IT IS ORDERED, ADJUDGED AND DECREED that: 1 (RECAP, court_filing)
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Quote: “this Court hereby approves the Settlement and finds that in light of the benefits to the Settlement Class, the complexity and expense of further litigation, the risks of establishing liability and damages, and the costs of continued litigation, said Settlement is, in all respects, fair, reasonable, and adequate”
How we checked this
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Additional evidence
confirms Winter v. Stronghold Digital Mining, Inc. — Entry #135: FINAL JUDGMENT: NOW, THEREFORE, after due deliberation, IT IS ORDERED, ADJUDGED AND DECREED that: 1
Quote: “this Court hereby approves the Settlement and finds that in light of the benefits to the Settlement Class, the complexity and expense of further litigation, the risks of establishing liability and damages, and the costs of continued litigation, said Settlement is, in all respects, fair, reasonable, and adequate”