Pang, et al v. Levitt, et al.

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Case Number:

1:22-cv-01191

Court:

Texas Western

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

David A. Ezra

Firms

Companies

Sectors & Industries:

  1. April 25, 2024

    Texas Judge Dismisses Rest Of Bitcoin Miner Investor Suit

    A Texas federal judge has dismissed the rest of a lawsuit from bitcoin miner investors against Core Scientific's directors and officers after the execs asked the judge to reconsider an earlier decision to trim the suit but leave it standing.

  2. December 21, 2023

    Texas Judge Trims Bitcoin Miner Investor Suit

    A Texas federal judge won't toss a proposed class action claiming that executives at the bankrupt bitcoin miner Core Scientific Inc. misled investors about rising costs to secure approval of a merger with a blank-check company, but dismissed several claims and let all of the company's leaders off the hook save for its CEO.

  3. December 06, 2023

    Core Scientific Securities Litigant Can't File Ch. 11 Class Claim

    The lead plaintiff in a securities lawsuit against executives of bitcoin miner Core Scientific Inc. can't bring a proof of claim on behalf of a putative class of claimants in the debtor's Chapter 11 case because bankruptcy rules don't support such treatment for an uncertified class, a Texas bankruptcy judge ruled Wednesday.

  4. June 21, 2023

    Bitcoin Miner's Brass Wants SPAC Disclosure Suit Dismissed

    Current and former executives of bankrupt bitcoin miner Core Scientific Inc. have asked a Texas federal judge to dismiss a proposed investor class action accusing them of misleading shareholders about its rising costs in order to get approval of a merger with a blank-check company.

  5. January 17, 2023

    Five Legal Teams Compete To Rep Bitcoin Miner Investors

    Firms including Glancy Prongay & Murray LLP, the Rosen Law Firm PA and Pomerantz LLP are seeking to represent a proposed class of investors in bitcoin miner Core Scientific Inc. in a suit alleging three company executives should be liable for misrepresentations made while seeking shareholder approval to go public.

  6. November 15, 2022

    Bitcoin Miner Faces Investor Suit Over SPAC Disclosures

    Bitcoin miner Core Scientific Inc. was hit with a proposed class action in Texas federal court on Monday for allegedly providing shareholders false information in a proxy statement soliciting their approval of a merger with a special purpose acquisition company.