Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Marathon Digital Holdings, Inc. (NASDAQ: MARA) securities.
If you suffered a loss on your Marathon investment and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: Oct 13 2020 - Nov 05 2021
CASE DETAILS:
On October 6, 2020, Marathon entered into a series of agreements with multiple parties to design and built a data center in Hardin, Montana, and issued 6 million restricted Marathon common shares in connection with the agreements. Following this, on November 15, 2021, Marathon disclosed receipt of a subpoena from the U.S. Securities and Exchange Commission to produce documents and communications concerning the Hardin data facility.
On this news, Marathon’s stock price fell $20.52 per share, or 27.03%, to close at $55.40 per share on November 15, 2021.
Please provide your address so we can contact you about your case if eligible.






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