Class Action Lawsuits Filed Against Hut 8 Corp. for Alleged Securities Fraud
Investors have until April 8, 2024, to join lawsuits seeking to recover losses from misleading statements and omissions.
- Multiple law firms have announced class action lawsuits against Hut 8 Corp. for alleged securities fraud between November 9, 2023, and January 18, 2024.
- Investors are encouraged to file lead plaintiff applications by April 8, 2024, to potentially recover losses.
- Allegations include misleading statements about the company's merger with US Bitcoin Corp., overstating the profitability of certain assets, and failing to disclose a major shareholder as a related party.
- Hut 8's share price fell significantly following the revelation of these issues.
- Law firms are offering free consultations and case evaluations to affected investors.