TechFlow news, September 11 — According to Bloomberg, shareholders of Strategy Inc. (formerly MicroStrategy) have agreed to dismiss a lawsuit against the company's management, which alleged deficiencies in the assessment of expected impacts from changes in cryptocurrency accounting standards. Judge Anthony J. Trenga signed the joint agreement on Wednesday, formally dismissing the case from the U.S. District Court for the Eastern District of Virginia. Shareholders retain the right to refile the lawsuit. Previously, similar allegations against Strategy, its billionaire executive chairman, and two other executives had also been dropped.
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