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Lawsuit filed for Investors in shares of CleanSpark, Inc. (NASDAQ: CLSK)

01-27-2021 02:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit was filed on behalf of investors in CleanSpark, Inc. (NASDAQ: CLSK) shares over alleged securities laws violations.

A lawsuit was filed on behalf of investors in CleanSpark, Inc. (NASDAQ: CLSK) shares over alleged securities laws violations.

An investor, who purchased shares of CleanSpark, Inc. (NASDAQ: CLSK), filed a lawsuit over alleged violations of Federal Securities Laws by CleanSpark, Inc.

Investors who purchased shares of CleanSpark, Inc. (NASDAQ: CLSK) have certain options and for certain investors are short and strict deadlines running. Deadline: March 22, 2021. NASDAQ: CLSK investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Woods Cross, UT based CleanSpark, Inc. provides energy software and control technology solutions worldwide. On January 14, 2021, a report was published titled "Cleanspark (CLSK): Back to the Trash Can," alleging, among other things, that CleanSpark has "fabricated key elements of its business, including purported customers and contracts" and is also "rife with undisclosed related party transactions."
The plaintiff claims that between December 31, 2020 and January 14, 2021, the defendants failed to disclose to investors that the Company had overstated its customer and contract figures, that several of the Company’s recent acquisitions involved undisclosed related party transactions, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of CleanSpark, Inc. (NASDAQ: CLSK) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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