Final approval of Stronghold IPO securities class action settlement
Company: TeraWulf
The claim, verbatim
The court concluded the settlement is procedurally and substantively fair and approved it.
Source (primary)
Winter v. Stronghold Digital Mining, Inc. — Entry #137: TRANSCRIPT of Proceedings re: CONFERENCE held on 4/11/2025 before Judge Ronnie Abrams (RECAP, court_filing)
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Quote: “I conclude that the settlement is both procedurally and substantively fair. In light of the "strong judicial policy in favor of [class action] settlements," Wal-Mart Stores, Inc. v. Visa U.S.A., Inc., 396 F.3d 96, 116-17 (2d Cir. 2005), the proposed Settlement is approved.”
How we checked this
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Additional evidence
confirms Winter v. Stronghold Digital Mining, Inc. — Entry #137: TRANSCRIPT of Proceedings re: CONFERENCE held on 4/11/2025 before Judge Ronnie Abrams
Quote: “I conclude that the settlement is both procedurally and substantively fair. In light of the "strong judicial policy in favor of [class action] settlements," Wal-Mart Stores, Inc. v. Visa U.S.A., Inc., 396 F.3d 96, 116-17 (2d Cir. 2005), the proposed Settlement is approved.”