The Law Offices of Frank R. Cruz Announces Investigation of Marathon Digital Holdings, Inc. (MARA) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Nov 16, 2021--
The Law Offices of Frank R. Cruz announces an investigation of Marathon Digital Holdings, Inc. (“Marathon” or the “Company”) (NASDAQ: MARA ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On November 15, 2021, before the market opened, Marathon revealed that during its third quarter 2021, “the Company and certain of its executives received a subpoena to produce documents and communications concerning the Hardin, Montana data center facility” described in Marathon’s Form 8-K dated October 13, 2020.
On this news, Marathon’s stock price fell $20.52, or 27%, to close at $55.40 per share on November 15, 2021, thereby injuring investors.
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If you purchased Marathon securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to email@example.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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CONTACT: The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES
SOURCE: The Law Offices of Frank R. Cruz
Copyright Business Wire 2021.
PUB: 11/16/2021 12:00 PM/DISC: 11/16/2021 12:01 PM