Recent Security Class Actions

Marathon Digital Holdings Inc. Common Stock (NASDAQ: MARA)

Company Name:Marathon Digital Holdings Inc. Common Stock
Stock Symbol:NASDAQ: MARA
Class Period Start:10/13/2020
Class Period End (inclusive):11/15/2021
Filing Deadline:02/15/2022

According to the Complaint, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Beowulf Joint Venture, as it related to the Hardin Facility, implicated potential regulatory violations, including U.S. securities law violations; (ii) as a result, the Beowulf Joint Venture subjected Marathon to a heightened risk of regulatory scrutiny; (iii) the foregoing was reasonably likely to have a material negative impact on the Company’s business and commercial prospects; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.