#Canada #Toronto #Berger Montague #Hut 8 Corp #Canadian Investors

Berger Montague's Focus on Hut 8 Corp.

Berger Montague (Canada) PC, a law firm located in Toronto, is intensifying its investigation into Hut 8 Corp., a notable player in the cryptocurrency sector. This decision comes on the heels of a recent U.S. federal court ruling which acknowledged specific allegations regarding the company's operations as plausible. Investors who participated in Hut 8's offerings prior to January 18, 2024, may have reason to feel concerned about potential inconsistencies and omissions in the company's disclosures.

The impetus for this investigation was a critical report released by financial analyst J Capital Research on January 18, 2024. In their extensive analysis entitled "The Coming HUT Pump and Dump," J Capital alleged that Hut 8, in conjunction with U.S. Bitcoin Corp. (which Hut 8 had just acquired), was engaged in dubious practices. Among their claims were accusations about undisclosed stock ownership tied to related parties and strategic concealment of assets that could harm stakeholders. The ramifications were swift; the market reacted dramatically, with Hut 8’s stock plummeting from $12.56 to $9.24 within just two trading days, marking a decrease exceeding 26%.

The federal court's September 12, 2025, ruling deemed some allegations related to the King Mountain joint venture operations as sufficiently serious, stating that the disclosures made by Hut 8 may have constituted a significant omission under Section 11 of the Securities Act. This ruling has opened the door for investors to re-evaluate their positions and consider potential claims against the company.

Andrew Morganti, a shareholder at Berger Montague, stressed that while market risks are an inherent part of investing, transparent reporting is equally crucial. He articulated that investors should not bear the brunt of intentional or negligent omissions from management, particularly when such failures could mislead directors and shareholders.

For investors who acquired Hut 8 shares listed on the Toronto Stock Exchange before the January 2024 date, this is a pivotal moment. Morganti encourages such individuals to reach out to Berger Montague to discuss their rights and potential routes for redress. The firm is known for representing investors in cross-border securities disputes, making it a key advocate for stakeholders affected by corporate misconduct.

The legal landscape surrounding investor protection continues to evolve, and Berger Montague positions itself at the forefront, seeking justice for those affected by irregularities in publicly traded companies. For more detailed information regarding the Hut 8 situation or to connect with the firm, interested parties can visit Berger Montague's dedicated investigation site.

As the situation develops, investors are advised to stay informed and proactive. The stakes are undoubtedly high, considering the complexities of securities regulations intertwined with corporate governance, particularly in the fast-paced world of cryptocurrency.

For more details, you may contact:

• - Andrew Morganti

Shareholder
Phone: (647) 576-7840
Email: [email protected]

• - Vincent DeMarco

Senior Associate
Phone: (647) 576-7840 ext. 104
Email: [email protected]

• - Andrew Abramowitz

Senior Counsel
Phone: (215) 875-3015
Email: [email protected]

In summary, Berger Montague's expanded investigation into Hut 8 Corp. serves as a crucial reminder of the importance of diligence and accountability in the realm of investment, especially as it pertains to emergent technologies and labyrinthine corporate structures.