Winter v. Stronghold Digital Mining, Inc. — Entry #136: ORDER AWARDING ATTORNEYS' FEES, REIMBURSEMENT OF EXPENSES, AND AWARD TO PLAINTIFF granting 129 Motion for Attorney Fees NOW, THEREFORE, it is hereby ordered: 1
Case: Winter v. Stronghold Digital Mining, Inc. nysd · 1:22-cv-03088
filed April 14, 2022
What this document is
Docket entry #136 · filed April 17, 2025
ORDER AWARDING ATTORNEYS' FEES, REIMBURSEMENT OF EXPENSES, AND AWARD TO PLAINTIFF granting 129 Motion for Attorney Fees NOW, THEREFORE, it is hereby ordered: 1. Lead Counsel is awarded one-third of the Settlement Fund or $1,583,333 and one third of the cash value of 25 Bitcoin as defined in the Stipulation, as attorneys' fees in this action, together with a proportionate share of the interest earned on the fund, at the same rate as earned by the balance of the fund, from the date of the establishment of the fund to the date of payment. 2. Lead Counsel shall be awarded expenses in the amount of $122,022.28, with interest, as described above. 3. Lead Plaintiff shall be awarded $10,000 as reimbursement for its lost time and expenses in connection with its prosecution of the Action. 4. Except as otherwise provided herein, the attorneys' fees, reimbursement of expenses, and Award to Plaintiff shall be paid in the manner and procedure provided for in the Stipulation. IT IS SO ORDERED. (Signed by Judge Ronnie Abrams on 4/17/2025) (rro) Transmission to Finance Unit (Cashiers) for processing. (Entered: 04/17/2025)
Who is involved
- Allegheny County Employees Retirement System
- B. Riley Securities, Inc.
- Compass Point Research & Trading, LLC
- Cowen and Company, LLC
- D.A. Davidson & Co.
- Edward J. Young
- Greg R. Stuart
- Gregory A. Beard
- Gulzar Ahmed
- Mark Winter
- Northland Securities, Inc.
- Ricardo R. A Larroude
- Stronghold Digital Mining, Inc.
- Tudor, Pickering, Holt & Co. Securities, LLC
- William B. Spence
Why we have it
We follow this case because it names a company we track, although that company is not a party:
- TeraWulf: its name “TeraWulf Inc.” appears in a filing in this case.
…solutions to notable global blockchain players like Terawulf Inc. and TrueNorth Data Solutions. The Company will…
A free copy from the RECAP archive of federal court filings (mirrored at the Internet Archive), retrieved September 28, 2026. Federal court filings are public records.
Document text
3 page(s), 3,280 characters, converted from the PDF's text layer · plain text.
Full text
Case 1:22-cv-03088-RA-GS Document 136 Filed 04/17/25 Page 1 of 3
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
Case No. 1:22-cv-03088-RA
MARK WINTER, Individually and on Behalf of
All Others Similarly Situated,
Plaintiff,
v.
STRONGHOLD DIGITAL MINING, INC.,
GREGORY A. BEARD, RICARDO R. A.
LARROUDÉ, WILLIAM B. SPENCE, B. RILEY
SECURITIES, INC., COWEN AND COMPANY,
LLC, TUDOR, PICKERING, HOLT & CO.
SECURITIES, LLC, D.A. DAVIDSON & CO.,
COMPASS POINT RESEARCH & TRADING,
LLC, and NORTHLAND SECURITIES, INC.,
Defendants.
[PROPOSED] ORDER AWARDING ATTORNEYS’ FEES, REIMBURSEMENT OF
EXPENSES, AND AWARD TO PLAINTIFF
Case 1:22-cv-03088-RA-GS Document 136 Filed 04/17/25 Page 2 of 3
WHEREAS, the Court has granted final approval of the Settlement of the above-
referenced class action;
WHEREAS, The Rosen Law Firm, P.A., appointed by the Court as Lead Counsel for
purposes of the Settlement, have petitioned the Court for an award of attorneys’ fees in
compensation for services provided to Lead Plaintiff Allegheny County Employees Retirement
System (“Plaintiff”) and the Settlement Class along with reimbursement of expenses incurred in
connection with prosecuting this action, and an Award to Plaintiff, to be paid out of the Settlement
Fund established pursuant to the Settlement;
WHEREAS, capitalized terms used herein having the meanings defined in the Stipulation
of Settlement dated November 8, 2024 (the “Stipulation”) (Dkt. No. 121); and
WHEREAS, the Court has reviewed the fee application and the supporting materials filed
therewith and has heard the presentation made by Lead Counsel during the final approval hearing
on April 11, 2025, and due consideration having been had thereon.
NOW, THEREFORE, it is hereby ordered:
1. Lead Counsel is awarded one-third of the Settlement Fund or $1,583,333 and one
third of the cash value of 25 Bitcoin as defined in the Stipulation, as attorneys’ fees in this action,
together with a proportionate share of the interest earned on the fund, at the same rate as earned
by the balance of the fund, from the date of the establishment of the fund to the date of payment.
2. Lead Counsel shall be awarded expenses in the amount of $122,022.28, with
interest, as described above.
3. Lead Plaintiff shall be awarded $10,000 as reimbursement for its lost time and
expenses in connection with its prosecution of the Action.
1
Case 1:22-cv-03088-RA-GS Document 136 Filed 04/17/25 Page 3 of 3
4. Except as otherwise provided herein, the attorneys’ fees, reimbursement of
expenses, and Award to Plaintiff shall be paid in the manner and procedure provided for in the
Stipulation.
IT IS SO ORDERED.
Dated: April 17 , 2025
HON. RONNIE ABRAMS
UNITED STATES DISTRICT JUDGE
2
