Breach of fiduciary duty by officers and directors
Company: Marathon Digital
The claim, verbatim
Officers and directors of Marathon Digital Holdings, Inc. breached their fiduciary duties to the company
Source (primary)
Konigsberg v. Thiel — Entry #22: ORDER Granting 18 Stipulation to Consolidate (RECAP, court_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “alleging claims for breach of fiduciary duty”
How we checked this
Checked on September 29, 2026. The cited source supports part of this claim, but not all of it.
This is a court order consolidating two shareholder lawsuits. It shows that breach of fiduciary duty was alleged, but it makes no finding that any breach occurred and does not identify the defendants as officers or directors.
Confirmed in the source:
- A shareholder derivative lawsuit filed on behalf of Marathon Digital Holdings, Inc. alleged breach of fiduciary duty against Georges Antoun, Kevin A. DeNuccio, Hugh Gallagher, Sarita James, Jay Leupp, Doug Mellinger, Merrick Okamoto, Said Ouissal, Simeon Salzman, and Fred Thiel
We could not confirm this from the cited source:
- That these individuals actually breached their fiduciary duties to Marathon Digital Holdings, Inc. (the document records only an allegation, not a finding)
- That the defendants were officers and directors of Marathon Digital Holdings, Inc. (the document names them but does not state their roles)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of RECAP (https://archive.org/download/gov.uscourts.nvd.163350/gov.uscourts.nvd.163350.22.0.pdf) in full (4,641 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Konigsberg v. Thiel — Entry #22: ORDER Granting 18 Stipulation to Consolidate
Quote: “alleging claims for breach of fiduciary duty”