Deadline on May 29th coming up in Lawsuit for Investors in Marathon Digital Holdings, Inc. (NASDAQ: MARA)

A deadline is coming up on May 29, 2023 in the lawsuit filed for certain investors of Marathon Digital Holdings, Inc. (NASDAQ: MARA) over alleged securities laws violations by Marathon Digital Holdings, Inc.

Investors who purchased shares of Marathon Digital Holdings, Inc. (NASDAQ: MARA)
have certain options and there are strict and short deadlines running. Deadline: May 29, 2023. NASDAQ: MARA stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the District of Nevada the plaintiff alleges on behalf of purchasers of Marathon Digital Holdings, Inc. (NASDAQ: MARA) common shares between May 10, 2021 and February 28, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 10, 2021 and February 28, 2023, the defendants made false and/or misleading statements and/or failed to disclose that the Company overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting, that as a result, the Company's revenues and cost of revenue were materially misstated during the Class Period, that the foregoing, once revealed, was reasonably likely to have a material negative impact on the Company's financial condition, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Marathon Digital Holdings, Inc. (NASDAQ: MARA) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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.

This release was published on openPR.