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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)

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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