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RADNOR, Pa., Jan. 06, 2022 (GLOBE NEWSWIRE) – The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of Nevada against Marathon Digital Holdings, Inc. f/k/a Marathon Patent Group, Inc. (“Marathon”) (NASDAQ:MARA). The action charges Marathon with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Marathon’s materially misleading statements to the public, Marathon investors have suffered significant losses.
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CLICK HERE TO SUBMIT YOUR MARATHON LOSSES
LEAD PLAINTIFF DEADLINE: February 15, 2022
CLASS PERIOD: October 13, 2020 through November 15, 2021
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. (484) 270-1453 or Toll Free (844) 887-9500 or Email at info@ktmc.com
MARATHON’S ALLEGED MISCONDUCT
Marathon is a digital asset technology company that primarily engages in mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. On October 13, 2020, Marathon issued a press release announcing the formation of the Beowulf Joint Venture. That press release represented that the Beowulf Joint Venture was “focused on delivering low cost power to Marathon’s Bitcoin mining …
Full story available on Benzinga.com
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