NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP Notifies Investors in Marathon Digital Holdings, Inc. (“Marathon” or the “Company”) MARA a securities lawsuit a class action lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Marathon investors who purchased or otherwise acquired certain securities of Marathon Digital Holdings, Inc. between May 10, 2021 and February 28, 2023.

https://zlk.com/pslra-1/marathon-lawsuit-submission-form?wire=3

MARA Investors may also contact Joseph E. Levi, Esq. by email at jlevi@levikorsinsky.com or by phone at (212) 363-7500.

CASE DETAILS: The lawsuit alleges that the defendants misrepresented and/or failed to disclose that: (i) the company overestimated the effectiveness of its disclosure controls and procedures and its internal control over financial reporting; (ii) as a result, the Company’s sales and cost of sales were materially misreported during the Class Period; (iii) the foregoing, if known, would be likely to have a material adverse effect on the Company’s financial condition; and (iv) as a result, the Company’s public statements were, at all relevant times, materially false and misleading.

WHAT’S NEXT? If you suffered a loss in the marathon during the relevant period, you have up May 30, 2023 to request that the court appoint you as lead plaintiff. Your ability to participate in a recovery does not require you to serve as lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any expenses or fees. There are no costs or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the Levi & Korsinsky team has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive experience representing investors in complex securities disputes and has a team of over 70 professionals dedicated to serving our clients. For seven years in a row Levi &…

[ad_2]

Source story