Hut 8 accused of ‘pump and dump’ and misleading investors | 2024-01-19 | Investing News

Date:

  • Hut 8 Mining is under investigation after it was accused of withholding information from investors and making misleading statements
  • National shareholder rights litigation firm, Schall Law, is investigating to determine if Hut 8 issued false and/or misleading statements and/or failed to disclose information pertinent to investors
  • J Capital Research released a report calling Hut 8 an unprofitable, over-levered pump-and-dump
  • Hut 8 Mining stock closed trading at C$9.24 per share

Hut 8 Mining (TSX:HUT) is under investigation after claims the company withheld information from investors and made misleading statements.

National shareholder rights litigation firm, Schall Law, is investigating the diversified Bitcoin stock to determine if it issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

It came to Schall Law’s attention after J Capital…

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