Derivative plaintiffs allege directors and officers breached fiduciary duties
Company: Marathon Digital
The claim, verbatim
Derivative plaintiffs allege that certain Marathon directors and officers breached their fiduciary duties by making, or allowing the company to make, statements substantially similar to those challenged in the securities class action, and engaged in other misconduct in the conduct of the company's business.
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: “certain Company directors and officers, most of whom are not named in the Securities Class Action, breached their fiduciary duties to the Company by, inter alia, making and/or allowing the Company to make substantially similar statements to investors as those alleged in the Securities Class Action”
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: “certain Company directors and officers, most of whom are not named in the Securities Class Action, breached their fiduciary duties to the Company by, inter alia, making and/or allowing the Company to make substantially similar statements to investors as those alleged in the Securities Class Action”