U.S. markets open in 2 hours 43 minutes
  • S&P Futures

    4,620.00
    +53.75 (+1.18%)
     
  • Dow Futures

    34,747.00
    +290.00 (+0.84%)
     
  • Nasdaq Futures

    16,376.50
    +226.00 (+1.40%)
     
  • Russell 2000 Futures

    2,242.70
    +45.40 (+2.07%)
     
  • Crude Oil

    69.11
    +2.93 (+4.43%)
     
  • Gold

    1,787.30
    +10.80 (+0.61%)
     
  • Silver

    22.91
    +0.09 (+0.42%)
     
  • EUR/USD

    1.1331
    -0.0008 (-0.07%)
     
  • 10-Yr Bond

    1.4430
    0.0000 (0.00%)
     
  • Vix

    23.89
    +0.93 (+4.05%)
     
  • GBP/USD

    1.3322
    +0.0021 (+0.15%)
     
  • USD/JPY

    113.3590
    +0.1790 (+0.16%)
     
  • BTC-USD

    57,053.96
    -560.73 (-0.97%)
     
  • CMC Crypto 200

    1,466.83
    +24.06 (+1.67%)
     
  • FTSE 100

    7,150.25
    +90.80 (+1.29%)
     
  • Nikkei 225

    27,935.62
    +113.86 (+0.41%)
     

MARA ALERT - Nationally Ranked Shareholder Rights Firm Labaton Sucharow is Investigating Marathon Digital Holdings, Inc. (NASDAQ: MARA) for Potential Securities Violations

  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

NEW YORK, NY / ACCESSWIRE / November 22, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential violations of the federal securities laws by Marathon Digital Holdings, Inc. (NASDAQ:MARA).

In their 10Q filing on Monday, November 15, 2021, Marathon Digital Holdings executives disclosed they received a subpoena from the U.S. Securities and Exchange Commission (SEC) to produce documents and communications concerning its Hardin, Montana, data center facility.

On Oct. 6, 2020, the bitcoin miner entered into a series of agreements with multiple parties to design and build a data center for up to 100-megawatts in Hardin, a small town in the northern part of the state, and issued 6 million of restricted Marathon common shares as part of the deal.

The SEC is investigating whether Marathon Digital Holdings has been in violation of federal securities law.

On this news, Marathon Digital Holdings shares were down more than 12%.

If you currently own stock or options in Marathon Digital Holdings, Inc. and suffered a loss, click here to participate.

If you want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at david@labaton.com.

About the Firm

Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at labaton.com.

CONTACT:

David J. Schwartz
(800) 321-0476
david@labaton.com

SOURCE: Labaton Sucharow LLP



View source version on accesswire.com:
https://www.accesswire.com/674122/MARA-ALERT--Nationally-Ranked-Shareholder-Rights-Firm-Labaton-Sucharow-is-Investigating-Marathon-Digital-Holdings-Inc-NASDAQ-MARA-for-Potential-Securities-Violations