Core Insights - Berger Montague (Canada) PC has expanded its investigation into Hut 8 Corp. following allegations of improprieties related to its management and operations [1][2]. Group 1: Allegations and Market Reaction - A report by J Capital Research on January 18, 2024, accused Hut 8 and U.S. Bitcoin Corp. of various improprieties, leading to a significant drop in Hut 8's share price from $12.56 to $9.24, a decline of over 26% within two trading sessions [2]. - On September 12, 2025, a U.S. federal court found certain allegations regarding King Mountain JV operations plausible, indicating that the Consolidated Amended Complaint adequately pleaded a material omission under Section 11 of the Securities Act [3]. Group 2: Legal Representation and Investor Rights - Investors who purchased shares of Hut 8 Corp. prior to January 18, 2024, are encouraged to contact Berger Montague to understand their rights regarding potential class action claims [4]. - Berger Montague is recognized for representing investors in shareholder class actions involving Canadian companies listed on various stock exchanges [4].
Investor Alert: Berger Montague (Canada) PC Investigates Potential Claims on Behalf of Canadian Investors in Hut 8 Corp. After U.S. Federal Court Allows Certain Claims To Proceed on Behalf of U.S. Investors