The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Marathon 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 on February 28, 2023, that it would fail to file its fourth quarter and full year 2022 financial results in a timely manner. The Company also admitted it would reissue financial statements from 2021 after the SEC flagged accounting errors in its existing statements. Based on this news, shares of Marathon Digital fell by 8.3% on March 1, 2023.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at firstname.lastname@example.org.
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.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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The Schall Law Firm
Brian Schall, Esq.