NEW YORK – (BUSINESS WIRE) – Dec. 17 2021–
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of buyers of securities of Marathon Digital Holdings, Inc. f / k / a Marathon Patent Group, Inc. ( NASDAQ: MARA) between October 13, 2020 and November 15, 2021 inclusive (the âRecourse Periodâ). A class action has already been filed. If you wish to act as the principal applicant, you must apply to the Court no later than February 15, 2022.
SO WHAT: If you purchased any securities of Marathon Digital Holdings during the Class Period, you may be entitled to compensation without payment of out-of-pocket expenses or fees under a contingency fee agreement.
WHAT TO DO NEXT: To join the Marathon Digital Holdings class action lawsuit, visit http://www.rosenlegal.com/cases-register-2229.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action. A class action has already been filed. If you wish to act as the principal applicant, you must apply to the Court no later than February 15, 2022. A principal plaintiff is a representative party acting on behalf of the other members of the class to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies providing reviews do not have comparable experience, resources or peer recognition. Many of these companies do not actually litigate class actions in securities. Be wise in choosing a lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company raised more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was appointed by law360 Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the complaint, the defendants throughout the Class Period made false and / or misleading statements and / or failed to disclose that: (1) the Company’s joint venture with Beowulf Energy LLC, in relation to a series of multi-party deals to design and build a data center in Hardin, MT, involving potential regulatory violations, including violations of US securities law; (2) as a result, the Beowulf Joint Venture has placed Marathon at increased risk of regulatory review; (3) the foregoing was reasonably likely to have a significant negative impact on the Company’s business and business prospects; and (4) accordingly, the Company’s public statements were materially false and misleading at all material times. When the real details entered the market, the lawsuit claims that investors have suffered damage.
To join the Marathon Digital Holdings class action lawsuit, visit http://www.rosenlegal.com/cases-register-2229.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action.
No class has been certified. Until a group is certified, you are not represented by a lawyer unless you hire one. You can choose the lawyer of your choice. You can also remain an absent group member and do nothing at this point. The ability of an investor to participate in any potential future payback does not depend on whether he is a principal applicant.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20211217005663/en/
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL LEGAL SERVICES
SOURCE: Rosen Law Firm, Pennsylvania
Copyright Business Wire 2021.
PUB: 12/17/2021 19:54 / DISC: 12/17/2021 19:54
Copyright Business Wire 2021.