Strategy shareholders withdraw board lawsuit against crypto accounting standards

Strategy shareholders have quit board lawsuits against the impact of crypto accounting standards, Bloomberg reported. Shareholders voluntarily waive shareholder derivative lawsuits against current and former board members and executives, but reserve the right to re-invest the lawsuit. Judge Anthony J. Trenga of the U.S. District Court for the Eastern District of Virginia has signed a joint withdrawal agreement between the parties, and the lawsuit can be re-introduced later.