Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

MARATHON ALERT: Bragar Eagel & Squire, P.C. is Investigating Marathon Digital Holdings, Inc. on Behalf of Marathon Stockholders and Encourages Investors to Contact the Firm

NEW YORK, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Marathon Digital Holdings, Inc. (“Marathon” or the “Company”) (NASDAQ: MARA) on behalf of Marathon stockholders. Our investigation concerns whether Marathon has violated the federal securities laws and/or engaged in other unlawful business practices.

Click here to participate in the action.

On October 6, 2020, Marathon Digital entered into a series of agreements with multiple parties to design and build a data center for up to 100-megawatts in Hardin, Montana. In connection with a Data Facility Services Agreement, the Company issued 6,000,000 shares of restricted common stock.

On November 15, 2021, Marathon Digital filed a quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission (“SEC”) for the quarterly period ending September 30, 2021. In the 10-Q filing, the Company disclosed it had received a subpoena from the SEC to produce documents and communications concerning its Hardin, Montana data center.

Marathon Digital says, “The SEC may be investigating whether or not there may have been any violations of the federal securities law.”

Following this news, Marathon Digital shares fell by $20.52 per share, about 27%, on heavy trading volume to close at $55.40 per share on November 15, 2021.

If you purchased or otherwise acquired Marathon shares and suffered a loss, are a long-term stockholder, have information, 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 Brandon Walker or Alexandra Raymond by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
[email protected]
www.bespc.com

 


Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).