MARATHON DIGITAL HOLDINGS, INC. F/K/A MARATHON PATENT GROUP, INC. (NASDAQCM: MARA)

Time:2022-01-21 Source: 752 views Trending Copy share

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 15, 2022 to file lead plaintiff applications in a securities class action lawsuit against Marathon Digital Holdings, Inc. f/k/a Marathon Patent Group, Inc. (NasdaqCM: MARA).

Marathon and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On November 15, 2021, the Company disclosed that it had received a subpoena to produce documents and communications its Hardin, Montana data center facility and advised that “the SEC may be investigating whether or not there may have been any violations of the federal securities law.”

On this news, shares of Marathon fell $20.52 per share, or 27.03%, to close at $55.40 per share on November 15, 2021.

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