One-third attorneys' fee award approved
Company: TeraWulf
The claim, verbatim
The court found class counsel's one-third contingent fee reasonable; the cash portion of the fee is $1.58 million, and at an $82,000 BTC price the total fee award was worth about $2,263,333 (lodestar multiplier 1.17).
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: “The cash portion of the fee award is $1.58 million, which is a lodestar cross-check multiplier of 0.82.”
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: “The cash portion of the fee award is $1.58 million, which is a lodestar cross-check multiplier of 0.82.”