Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims
1 year ago
18
A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches of fiduciary duty and corporate asset misallocation. The lawsuit concerns alleged false statements in Stronghold’s IPO documents. […]
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