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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

The Law Offices of Frank R. Cruz Announces Investigation of Marathon Digital Holdings, Inc. (MARA) on Behalf of Investors

November 16, 2021 GMT

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.

If you are a shareholder who suffered a loss, click here to participate.

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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 info@frankcruzlaw.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.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20211116005893/en/

CONTACT: The Law Offices of Frank R. Cruz, Los Angeles

Frank R. Cruz, 310-914-5007

fcruz@frankcruzlaw.com

www.frankcruzlaw.com

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

http://www.businesswire.com/news/home/20211116005893/en