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WINTER v. STRONGHOLD DIGITAL MINING, INC.

No. 22-CV-3088 (RA).

686 F.Supp.3d 295 (2023)

Mark WINTER, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. STRONGHOLD DIGITAL MINING, INC., Gregory A. Beard, Ricardo R. A. Larroudé, William B. Spence, B. Riley Securities, Inc., Cowen and Company, LLC, Tudor, Pickering, Holt & Co. Securities, LLC, D.A. Davidson & Co., Compass Point Research & Trading, LLC, and Northland Securities, Inc., Defendants.

United States District Court, S.D. New York.

Signed August 10, 2023.

Attorney(s) appearing for the Case

Gregory Bradley Linkh, Glancy Prongay & Murray LLP, New York, NY, for Plaintiff.

Christopher Emmanuel Duffy, Clifford Louis Thau, Marisa Antonelli, Vinson & Elkins LLP, New York, NY, David Adam Hoffman, Petrillo Klein & Boxer LLP, New York, NY, Jared D. Wilkinson, Jeffrey Tyler Crough, Vinson & Elkins LLP, Dallas, TX, for Defendants Stronghold Digital Mining, Inc., Gregory A. Beard, William B. Spence.

Lucy Nnenna Onyeforo, Faegre Drinker Biddle & Reath LLP, New York, NY, David Adam Hoffman, Petrillo Klein & Boxer LLP, New York, NY, Sandra Dawn Grannum, Faegre Drinker Biddle & Reath LLP, Florham Park, NJ, for Defendant Ricardo R.A. Larroudé.

Jeffrey B. Korn, Willkie Farr & Gallagher LLP, New York, NY, for Defendants B. Riley Securities, Inc., Cowen and Compang, LLC, Tudor, Pickering, Holt & Co. Securities, LLC, D.A. Davidson & Co., Compass Point Research & Trading, LLC, Northland Securities, Inc.

OPINION & ORDER

Plaintiffs Gulzar Ahmed and Allegheny County Employees Retirement System bring this putative federal class action lawsuit against Stronghold Digital Mining, Inc. ("Stronghold," or the "Company"), the underwriters for Stronghold's October 2021 initial public offering ("IPO...

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