Shareholders that lost money on Hut 8 Corp.(HUT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / February 12, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:

https://zlk.com/pslra-1/hut-8-lawsuit-submission-form?prid=66844&wire=1

or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.

THE LAWSUIT:A class action securities lawsuit was filed against Hut 8 Corp. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between November 9, 2023 and January 18, 2024.

CASE DETAILS:The filed complaint alleges that defendants made false statements and/or concealed that: (1) one of the largest shareholders in U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. ("USBTC"), one of the companies that merged to create Hub 8, is an undisclosed related party; (2) one of USBTC 's core assets has historically failed to provide energy and high-speed internet; (3) the profitability of certain USBTC assets were overstated; and (4) 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.

WHAT 'S NEXT?If you suffered a loss in Hut 8 stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/hut-8-lawsuit-submission-form?prid=66844&wire=1 to learn about your rights to seek a recovery. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY:Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services ' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/

SOURCE:Levi & Korsinsky, LLP

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