LOS ANGELES, CA / ACCESSWIRE / December 30, 2021 / Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Marathon Digital Holdings, Inc. f / k / a Marathon Patent Group, Inc. (“Marathon Digital” or “the Company “) (NASDAQ: MARA) for violations of §§10 (b) and 20 (a) of the Securities Exchange Act of 1934 and of rule 10b-5 promulgated thereunder by the Securities and Exchange Commission of United States.
Investors who purchased the Company’s securities between October 13, 2020 and November 15, 2021 inclusive (the “Recourse Period”), are invited to contact the company before February 15, 2022.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com or by email at [email protected]
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by legal counsel. If you choose not to take any action, you can remain an absent member of the group.
According to the complaint, the company made false and misleading statements to the market. Marathon Digital’s joint venture with Beowulf Energy LLC and its project to design and build a data center in Hardin, MT involved multiple potential regulatory violations, including violations of federal securities law . The joint venture was likely to create increased regulatory oversight risk which would in turn negatively impact the Company’s business prospects. Based on these facts, the Company’s public statements were false and misleading throughout the Class Period. When the market learned the truth about Marathon Digital, investors suffered damage.
Join the case to recoup your losses.
Schall law firm represents investors around the world and specializes in securities class actions and shareholder rights litigation.
This press release may be considered an attorney’s advertisement in certain jurisdictions under applicable law and rules of professional conduct.
Schall Law Firm
Brian Schall, Esq.,
THE SOURCE: Schall Law Firm
See the source version on accesswire.com:
https://www.accesswire.com/680215/SHAREHOLDER-ACTION-ALERT-The-Schall-Law-Firm-Encourages-Investors-in-Marathon-Digital-Holdings-Inc-with-Losses-of-100000-to- Contact the Company