LOS ANGELES, CA / ACCESSWIRE / November 27, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors ofMarathon Digital Holdings, Inc. ("Marathon Digital" or "the Company") (NASDAQ:MARA) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Marathon Digital announced its Q3 2021 financial results on November 15, 2021. The Company also disclosed an SEC subpoena related to its data center located in Hardin, Montana. Based on this news, shares of Marathon Digital dropped about 20% on the same day.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
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SOURCE: The Schall Law Firm