An investigation on behalf of current long term investors in Marathon Digital Holdings, Inc. (NASDAQ:MARA) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 09/14/2023 -- An investigation was announced for long-term investors in shares of Marathon Digital Holdings, Inc. (NASDAQ: MARA) concerning potential breaches of fiduciary duties by certain directors of Marathon Digital Holdings, Inc..
Investors who are current long term investors in Marathon Digital Holdings, Inc. (NASDAQ: MARA) shares, have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: MARA stocks follows a lawsuit filed against Marathon Digital Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: MARA stocks, concerns whether certain Marathon Digital Holdings, Inc. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that the Company overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting, that as a result, the Company's revenues and cost of revenue were materially misstated during the Class Period, that the foregoing, once revealed, was reasonably likely to have a material negative impact on the Company's financial condition, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Marathon Digital Holdings, Inc. (NASDAQ: MARA) have certain options and should contact the Shareholders Foundation.
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