Expired
Lead Plaintiff Deadline
Jun 13, 2022
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The filed complaint alleges that Stronghold Digital Mining, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) contracted suppliers, including MinerVa Semiconductor Corp., were reasonably likely to miss anticipated delivery quantities and deadlines; (2) due to strong demand and pre-sold supply of mining equipment in the industry, Stronghold would experience difficulties obtaining miners outside of confirmed purchase orders; (3) as a result of the foregoing, there was a significant risk that Stronghold could not expand its mining capacity as expected; (4) as a result, Stronghold would likely experience significant losses; and (5) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
In order to be eligible to join the SDIG class action lawsuit, you must have incurred a loss on shares of Stronghold Digital Mining, Inc. purchased during the class period listed above.
If you suffered a loss in Stronghold Digital Mining, Inc. during the relevant time frame, you have until June 13, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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