Proposed $2.35M securities class action settlement
Company: Hut 8
The claim, verbatim
Hut 8, the court-appointed lead plaintiff and individual defendants reached a proposed $2,350,000 settlement of securities class action claims (SDNY Case No. 1:24-cv-00904-VM) covering purchases between Feb 13, 2023 and Jan 18, 2024. A final fairness hearing on approval is scheduled for November 6, 2026.
Source (primary)
Hut 8 Corp. proposes $2.35 million class action securities settlement - scanx.trade (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “The proposed agreement was reached by the Court-appointed Lead Plaintiff, Hut 8, and individual defendants.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article states the parties, amount, court, case number, class period and the November 6, 2026 fairness hearing date.
Confirmed in the source:
- Hut 8, the court-appointed lead plaintiff and individual defendants reached a proposed settlement
- The proposed settlement amount is $2,350,000
- The settlement resolves securities class action claims
- The case is in the Southern District of New York, Case No. 1:24-cv-00904-VM
- The class period covers purchases between Feb 13, 2023 and Jan 18, 2024
- A final fairness hearing on approval is scheduled for November 6, 2026
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/hut-8-corp-proposes-2-35-million-class-action-securities-settlement/48878593) in full (19,623 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Corp. proposes $2.35 million class action securities settlement - scanx.trade
Quote: “The proposed agreement was reached by the Court-appointed Lead Plaintiff, Hut 8, and individual defendants.”