Securities class action alleges false and misleading statements
Company: Marathon Digital
The claim, verbatim
The related securities class action (Schlatre v. Marathon Digital Holdings) alleges that Marathon made false and misleading statements about its business operations and prospects in investor presentations, SEC filings and press releases, in violation of federal securities laws.
Source (primary)
Bernard v. Theil — Entry #42: REPLY to Response to 36 Motion, 35 Motion for Appointment of Counsel, 34 Motion to Consolidate Cases by Plaintiffs Kimberly Bernard, Roy Strassman, Nominal… (RECAP, court_filing)
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Quote: “direct claims against the Company for damaging shareholders because of allegedly false and misleading statements about Marathon’s business operations and prospects made in investor presentations, filings with the Securities and Exchange Commission (“SEC”), and in press releases”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Bernard v. Theil — Entry #42: REPLY to Response to 36 Motion, 35 Motion for Appointment of Counsel, 34 Motion to Consolidate Cases by Plaintiffs Kimberly Bernard, Roy Strassman, Nominal…
Quote: “direct claims against the Company for damaging shareholders because of allegedly false and misleading statements about Marathon’s business operations and prospects made in investor presentations, filings with the Securities and Exchange Commission (“SEC”), and in press releases”