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:03/10/2021
Class Period End (inclusive):02/28/2023
Filing Deadline:05/30/2023

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting; (ii) as a result, the Company’s revenues and cost of revenue were materially misstated during the Class Period; (iii) the foregoing, once revealed, was reasonably likely to have a material negative impact on the Company’s financial condition; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.