Securities litigation partner James (Josh) Wilson encourages investors who have suffered losses in excess of $100,000 at Core Scientific to contact him directly to discuss their options

New York, New York – (Newsfile Corp. – November 18, 2022) – Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Core Scientific Inc. (“Core Scientific” or the “Company”) (NASDAQ: CORZ) and is reminding investors of the January 13, 2023 deadline to seek the role of lead plaintiff in a state securities class action lawsuit filed against the Company.

If you suffered losses that exceeded $100,000 between January 3, 2022 and October 26, 2022 by investing in Core Scientific stocks or options and discuss your legal rights, call Faruqi & Faruqi Partner Josh Wilson direct at 877-247-4292 or 212-983-9330 (ext. 1310). You can also click here for more information: www.faruqilaw.com/CORZ.

There are no costs or obligations for you.

Faruqi & Faruqi is a leading national minority and women-owned securities firm with offices in New York, Pennsylvania, California and Georgia.

As detailed below, the Complaint focuses on whether the Company and its officers violated federal securities laws by making false and/or misleading statements and/or failing to disclose: (1) in part due to the expiration of a favorable pricing agreement, The company experienced rising energy costs; (2) the Company’s largest customer, Gryphon, lacked the financial resources to purchase the required mining rigs for Core Scientific; (3) Company failed to provide hosting services for Celsius in accordance with its Agreement; (4) the company had introduced an unreasonable mark-up to pass on electricity costs to Celsius; (5) that the Company would likely be liable to defend against Celsius as a result of the foregoing alleged breaches of contract; (6) as a result of the foregoing, the company’s profitability would be…