Press release
Investigation announced for Investors in shares of Marathon Digital Holdings, Inc. (NASDAQ: MARA) over potential Wrongdoing
An investigation on behalf of current long term investors in Marathon Digital Holdings, Inc. (NASDAQ: MARA) shares.
Investors who are current long term investors in Marathon Digital Holdings, Inc. (NASDAQ: MARA) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: MARA stocks follows a lawsuit filed against Marathon Digital Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: MARA stocks, concerns whether certain Marathon Digital Holdings, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the District of Nevada the plaintiff alleges that 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.
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