Confidential settlement termination right for Stronghold
Company: TeraWulf
The claim, verbatim
The parties entered a confidential agreement allowing Stronghold to terminate the settlement if opt-outs exceed a certain claim dollar threshold; the court found this standard and not detrimental to fairness.
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)
View cached copy (2026-09-28)Live source ↗
Quote: “the parties have entered into a confidential agreement establishing conditions under which Stronghold may terminate the settlement if the settlement class members who collectively have claims equating to a certain dollar amount under the Plan of Allocation request exclusion from the settlement.”
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 Winter v. Stronghold Digital Mining, Inc. — Entry #137: TRANSCRIPT of Proceedings re: CONFERENCE held on 4/11/2025 before Judge Ronnie Abrams
Quote: “the parties have entered into a confidential agreement establishing conditions under which Stronghold may terminate the settlement if the settlement class members who collectively have claims equating to a certain dollar amount under the Plan of Allocation request exclusion from the settlement.”